For some Melbourne residents, their homeowners’ association (HOA) is a boon because it helps keep their neighborhood up to certain standards of beauty and makes sure their neighbors behave themselves. For others, their HOA is a burden because it’s overly strict, requires expensive fees and — for lack of a better word — it’s annoying. […]
Melbourne Legal Blog
It’s nearly time for the closing on your new home, and you couldn’t be more excited. The good news is that you’re just a few steps away from moving into your dream home. The bad news is that any one of those steps could go awry and stop your purchase. There are many parts of […]
Investing in commercial real estate is not an easy decision to make and should be done so seriously. The process can be lengthy at times and does not happen quickly. You will want to know what to expect along the way, which is why we have put together this little guide about the closing process […]
When you’re ready to purchase a home, you should understand the homebuying and closing process. This process is similar in most states in that your attorney, an escrow agent or another person representing a title company prepares the closing documents and assists throughout the purchasing arrangements. It’s traditional for a buyer and seller to be […]
The lease is the primary document that defines the relationship between the property owner and lessor. It serves as the primary body of language for which either party can seek redress for harms. It is thus crucial that both parties understand what they are signing and how those terms operate. As discussed previously, even describing […]
Zoning rules are among the most influential ways that government influences business, everyday life, and the economy. Zoning rules organize how a city is developed, to ensure that residences are not built next to factories or waste disposal sites. The goal of zoning rules is to create an orderly division of property parcels to maximize […]
The age-old question, what is a better investment, leasing or buying property? At first blush, you might think purchasing property is the best investment. You secure long-term control, and your business gains an asset. But, leasing a property allows you to deduct the lease payments and greater flexibility in case you need to relocate operations. […]
Most states do not require an attorney to be part of the closing process of a real estate deal. Usually, a broker is sufficient. But, depending on the complexity and size of the contract, you may want a lawyer present to address any last-minute problems before you ink the contract. This post will go over […]
Leases are long, comprehensive, and complex documents; as well they should be. Most leases lock you into a contract for a year or more. The last thing you need is a lease that is poorly constructed and leaves you vulnerable to lawsuits. As discussed in a previous post, you need to carefully include all necessary […]
Commercial leases are intimidating to negotiate. Most commercial leases, unlike residential, go on for many years or even decades. Therefore, you are stuck with your tenant for a long time, so the deal better is a good one. This post will go over some tips for negotiating a commercial lease. First, know what you want […]
