If you are starting a business with one or more partners, trust may be one of your greatest assets. Many business owners begin with a shared vision and a verbal understanding of how the company will operate. In the early stages, that may seem sufficient. Problems can...
Investing in Commercial Foreclosure Properties in Pennsylvania: Red Flags Every Investor Should Know
Commercial foreclosure properties can present attractive opportunities for investors looking to acquire real estate below market value. A distressed office building, retail property, warehouse, multifamily property, or industrial site may appear to offer significant...
New year, new business steps for 2026 in Pennsylvania
Starting a business in Pennsylvania can be an exciting journey as you look toward 2026. As you shape your idea, focusing on early legal steps may help you build a stable foundation and help you aim to avoid common setbacks along the way. Selecting a business structure...
How does title insurance protect commercial real estate transactions?
Commercial real estate transitions involve high stakes and complex ownership histories. Unlike residential purchases and sales, these transactions often include intricate land use issues and significant financial investments. Title insurance acts as a vital safety net...
Pre-planning can prevent common real estate joint ownership disputes
Jointly owned property, whether residential or commercial, can lead to disputes when it is time to sell. These disputes can arise from various factors, particularly among business partners and family members with different priorities, financial situations, and...
Does A Covid-Mandated Closure Frustrate The Purpose Of A Commercial Lease?
In Cedarbrook Plaza v. Schwartz, 2024 Pa, Super. 154, ___ A.3d ___, 2024 WL 3504636 (July 23, 2024), the Pennsylvania Superior Court addressed the issue whether a government mandated shut down of face-to-face businesses frustrated the purpose of a commercial retail...
What is the difference between real property easements and licenses?
An easement is a legal right that allows one party to use another’s land for a specific purpose, such as accessing a road or installing utilities. They are generally permanent and can benefit a particular person, group, or the public, often established through...
What are examples of nonrecurring and recurring closing costs?
First-time home buyers often experience sticker shock as they prepare for closing. While they are clearly aware of what they offered to pay for the property, the amount of funds they must bring to closing will be quite a bit higher than the final purchase price....
What does the Corporate Transparency Act require?
The laws that apply to businesses are constantly evolving. As new industries develop and old industries evolve, lawmakers enact new laws and update existing ones to better reflect the modern economy. In 2021, federal lawmakers passed the Corporate Transparency Act...
The role of an environmental assessment in commercial real estate matters
In many commercial real estate matters, an environmental assessment is critical to the overall decision-making process. This assessment evaluates the environmental risks and liabilities associated with a property. An environmental assessment helps investors, lenders...
