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Mechanic’s Liens in Florida: What Property Owners Should Know
A commercial property owner can pay a general contractor in full for a construction project — and still end up with a lien on their property from a subcontractor or supplier who was never paid. Florida's mechanic's lien law creates this counterintuitive risk, and...
Environmental Due Diligence in Commercial Real Estate Transactions
Environmental contamination on a commercial property can create liability that follows the property regardless of who caused it — meaning a buyer can inherit costly cleanup obligations for contamination they had nothing to do with. Environmental due diligence exists...
Zoning and Land Use Issues for Commercial Property Buyers
A property that looks perfect for a buyer's intended use can still be legally off-limits for that use, depending on its zoning designation. Zoning and land use review is one of the most critical — and most commonly rushed — components of commercial real estate due...
1031 Exchanges: Deferring Capital Gains on Commercial Property Sales
Selling appreciated commercial real estate typically triggers significant capital gains tax. A 1031 exchange, named for the relevant section of the Internal Revenue Code, allows an investor to defer that tax by reinvesting the proceeds into another qualifying property...
Commercial Real Estate Acquisitions: Due Diligence Checklist
Acquiring commercial real estate — whether a retail center, office building, or industrial property — involves substantially more due diligence than a residential purchase. Missing a critical item during the diligence period can result in unexpected costs, legal...
Personal Liability Protection: How Business Structure Affects Your Risk
Forming an LLC or corporation is often the first step business owners take toward protecting their personal assets — but the protection isn't automatic or absolute. Understanding both what liability protection actually covers, and the common ways it gets undermined,...