The outcome of a pending real estate transaction can shape your future and that of your business. While you want to secure the property in question, you also don’t want to be left with a deal that puts you on your heels when it comes to costs and use restrictions....
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What does it mean when the government condemns property?
If you own property, you likely expect that you will have control of what happens to it. You may assume that you will maintain ownership and decision-making authority over the property, but this is not always the case. There are times when the government could...
Eminent domain, condemnation and the Landowner’s Bill of Rights
Eminent domain is the legal authority that certain governmental bodies and authorized private entities have to condemn private property in exchange for an adequate compensation for a public purpose. Private property, in the context of eminent domain, includes...
Conducting environmental inspections to protect an investment
Before buying a property, it is vital to check for potential environmental issues that may arise in the future. This is known as environmental due diligence. It involves assessing the property and its surroundings for environmental liabilities. After the evaluation, a...
What is eminent domain?
Property owners are sometimes surprised by the fact that the United States government can decide to take their property in certain circumstances. Even if the property is rightfully owned, it is within the ability of the government, on a local, state or federal level,...
Pay close attention to the terms of your commercial lease
It is not easy to find commercial property that is suitable for both the operational needs of your business and your budget. Once you find a property that you believe best matches what you require, you may feel it is necessary to move forward as quickly as possible....
Minimizing risk when investing in commercial real estate
The purchase of commercial property is often considered a relatively safe and low-risk option for the investment of funds. However, in the current market, this type of investment can be risky, and potential buyers will benefit from careful consideration before moving...
What to know when buying commercial real estate
The purchase or sale of any type of property is a significant legal and financial process. Regardless of the type of property, you will benefit from knowing how you can protect your interests at every step. Commercial real estate transactions can be particularly...
Think twice before signing a commercial lease
Finding the ideal location for a storefront or operational center for a Texas business can be a difficult endeavor. Once a preferable location is identified, it can be tempting to simply sign a contract as quickly as possible, but it is most prudent to be cautious and...
The principle of eminent domain and what it means for you
As a Texas property owner, it may come as a surprise to you to learn that the government may have the ability to take your property. There are certain circumstances in which the government may be able to make a valid claim on a portion of your land, even if you...