Imagine discovering hidden lease terms that cut your expected returns or, worse, inheriting a legal dispute with existing tenants. These scenarios can quickly turn a promising investment into a costly ordeal. However, a careful look at existing leases can help you...
Real Estate & Development
Mechanic’s liens: A hidden risk of home renovations
Home renovation fever continues to sweep across America, with homeowners investing more than ever in upgrading their living spaces. According to a recent survey by Houzz, the median spend on home renovations skyrocketed by 60% in just three years, reaching $24,000 in...
Valid reasons to ask for commercial rent reduction
Rent is one of the most significant expenses for businesses, and there may come a time when you need to negotiate a reduction. This process, however, is easier said than done. Requesting a commercial lease reduction is more than just a polite request. In most cases,...
Three ways to terminate easements on your property
An easement is a right that allows someone to use part of another person’s property for a specific reason. For example, a neighbor may have the right to use your driveway to get to their property, or a utility company might have the right to run power lines across...
Things to ask your landlord before renewing a residential lease
Before renewing a residential lease, tenants should ask their landlords important questions to ensure they are making the best decision for their living situation. The renewal period is the perfect time to review any concerns that arose during the course of your...
Understanding land use regulations: What you need to know about zoning districts
Zoning districts play a crucial role in urban planning and property development. As a property owner or potential buyer, you should familiarize yourself with these regulations. This helps you make informed decisions about your real estate investments. Below are the...
Easements can hinder your development plans
Developers often think buying land, planning the project and obtaining funding are all they need. While these are crucial stages, understanding easements upfront is equally important. An easement is a legal right across your land. It gives someone else the right to...
What waste types to consider for temporary storage facilities
When building a new structure on raw land, the developer often has various factors to consider. Aside from determining requirements to carry out work on the site, they may also need to make plans regarding waste management if no facilities are already in place....
Business: A variance can allow exceptions to existing zoning laws
Imagine buying a raw, undeveloped piece of land, the perfect spot for your future business. It's an exciting thought, right? Yet, in Arizona and many states, zoning laws can throw a wrench in the works. These laws determine how you can use the land. For example, if...
Zoning regulations could impact a property’s value
There are multiple factors contributing to a property's value. In Arizona, zoning regulations could significantly impact the price of a property. Knowing how location and zoning laws affect a property's worth would be valuable if you plan to buy a property for...