Specific performance represents a critical remedy in real estate transactions when a party refuses to complete a purchase agreement. It compels the breaching party to follow through on the sale by court order. Given the property’s unique nature, monetary damages often cannot adequately compensate the non-breaching party. Therefore, understanding conditions around specific performance empowers buyers … Read More
Relocating your business comes with substantial challenges and costs – from moving logistics to reestablishing your customer base. For many companies, renewing an existing commercial lease is the optimal strategy. However, lease renewal is rarely a straightforward process. To maximize your chances of approval, it pays to understand lease renewal complexities and adopt informed negotiation … Read More
If you are a business renting commercial space, few situations are more disruptive than having the landlord sell the property out from under you. Suddenly, your comfortable lease agreement and working relationship with the owner are thrown into question. Will the new buyer honor the existing lease? Do they plan to redevelop the property or … Read More
In the world of commercial real estate, deals can become extremely complex. They may involve multiple buyers, sellers, properties, loans from various lenders, and other intricate financial instruments. When disputes eventually arise from these complicated transactions, the courts often turn to real estate expert witnesses to provide clarity and simplification. The Role of A Real … Read More
Leasing contracts, for the most part, are drafted in a way that should be reasonable to the parties. Therefore, does a landlord have the right to deny a tenant to sublease or assign its rights within a lease? Depending upon the tenant’s needs, the parties must determine whether a sublease is sufficient or if an … Read More
Commercial real estate partnership disputes are expected since the parties to the agreement may need to adhere to their partnership contract prepared by legal counsel. A seasoned expert witness, who has acted as a managing member in several partnerships, may provide valuable insight into the dos and don’ts of running the business. What are the … Read More
Commercial real estate partnership disputes are common since the parties to the agreement may not adhere to their partnership contract prepared by legal counsel. A seasoned expert witness, who has acted as a managing member in several partnerships, may provide valuable insight into the do’s and don’t of running the business. What are the Two … Read More
What is an Expert Witness? The employment of an expert witness in commercial real estate litigation may not seem justified to the party the lawyer represents. A commercial real estate expert witness may seem to the party in litigation just another added-on cost in an expensive dispute. A sophisticated lawyer on the other hand is … Read More
Real estate registrations by brokers may be a thing of the past since we have been in an overstimulated real estate market. As we all know, this overheated market is now ending since the Federal Government is raising interest rates and the market is starting to slow down. Real estate listing agreements usually do not … Read More
The landlord is relieved of the responsibility to pay all expenditures indicated above, including property taxes, insurance premiums, utilities, maintenance, and repair charges, under a triple net lease, often known as a net-net-net or NNN lease. Rent and all expenses shall be the responsibility of the Tenant. Triple net leases are often long-term (ten years … Read More
Segal Commercial
2221 Barry Ave., Suite 200
Los Angeles, CA 90064
