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Don’t Ignore Liquor License Issues in Transactions

Jennifer L. Tsyn and Sarah Lewis Belcher of Bond, Schoeneck & King write: As with many other business considerations related to the use of real property, liquor licensing issues can significantly impact real estate transactions. These items may delay, or even derail, negotiations and closings of purchase/sale contracts and leases.

Standing the Test of ‘Time Is of the Essence’