No one wants to waste time and money on a commercial real estate transaction that the parties will never complete. A well-drafted, nonbinding letter of intent (LOI) can be a valuable first step in determining whether there is a deal to be made before too much expense...
Understanding the Three Types of Commercial Leases When leasing commercial real estate, you need to be certain that you understand how “rent” is quoted so that you can compare rates between leases. Your decision to enter into a lease without understanding the...