The Legal Intelligencer
Friday, December 23, 2011
Given the current economic climate, short sales are becoming increasingly popular as a way to help homeowners avoid a foreclosure. Through a short sale, a borrower can sell a property for less than what's owed on the property's mortgage.
The Legal Intelligencer
Tuesday, November 22, 2011
When a landlord enters into a lease with a tenant, the lease will generally grant the landlord the power to terminate the lease and evict the tenant from the premises if the rent due under the lease is not paid within the specified time period.
The Legal Intelligencer
Monday, October 3, 2011
In a real estate transaction involving the lease or sale of commercial property, a real estate broker will typically play a significant role in the transaction.
The Legal Intelligencer
Tuesday, August 30, 2011
An Allegheny County judge has denied all of the preliminary objections brought by a landlord who faced counterclaims from a tenant it sued for failing to pay rent and damaging the property.
The Legal Intelligencer
Monday, August 1, 2011
Clients like letters of intent. Letters of intent can be developed easily and shipped out quickly to get a deal rolling. They can lay out basic terms of a deal in laymen's language, and in just a few pages, so the parties can decide if they are generally on the same page. They can even be used to create certain obligations, say a no-shop provision, giving a buyer some comfort that it will not have the rug pulled out from under it before it can cut a deal.
The Legal Intelligencer
Monday, July 18, 2011
Most commercial leases contain a provision allowing for the reimbursement of the landlord's legal fees and costs when the tenant defaults under the terms of the lease.