Commercial real estate is full of unique terms that describe how property is used, managed, and developed. One of those terms is “outparcel.” If you’ve ever driven past a shopping center and noticed a bank, restaurant, or coffee shop sitting just outside the main cluster of stores, chances are you’ve seen one. Outparcels are more…
A landlord subordination agreement is a legal document that changes the priority of claims on a commercial property, allowing a lender’s mortgage to take precedence over an existing lease. These agreements are common in commercial real estate transactions where tenants need financing for improvements or where landlords are refinancing the property. Understanding how subordination works…
In the complex world of real estate transactions, tail provisions play a crucial role in protecting the interests of both real estate agents and their clients. This broker protection clause, often included in the listing contract, ensures that the listing broker Is compensated for their efforts even after the formal termination of their contract. This…
At Stoner Law, we’ve seen firsthand the damaging effects of real estate fraud on individuals and businesses alike. The world of real estate can be complex, and unfortunately, it provides fertile ground for various types of fraud that can have severe financial and legal repercussions. In this blog post, we aim to arm you with…
Most residential home buyers rely on mortgages when purchasing real estate. There are many obvious advantages to using a mortgage to finance your real estate transactions. The most obvious advantage is that very few people have enough cash lying around to be able to pay the entire cost of a house out of pocket. Even…
