Do You Have to Sign a Personal Guaranty on a Commercial Lease?
Landlords ask new businesses for a personal guaranty because the LLC has no track record. Here is what you are signing and the limits you can negotiate.
Tag: Real Estate
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Joint Tenancy vs Tenancy in Common: How Should You Hold Title?
The way co-owners take title decides who inherits a share, whether a creditor can reach it, and whether probate is needed. Compare the three main forms.
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What Happens If a Buyer Backs Out of a Real Estate Contract?
Backing out inside a contingency costs nothing. Backing out after the deadlines can cost the deposit or more. Here is what the contract and the law allow.
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What Does an As-Is Clause in a Real Estate Contract Mean?
As-is means the seller will not fix anything, not that the buyer gives up every claim. Here is what the clause does, what it cannot do, and how to negotiate it.
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What Contingencies Belong in a Real Estate Purchase Contract?
A contingency is your exit with your deposit intact, but only until its deadline passes. Here are the main ones and the mechanics that make them work.
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Is a Letter of Intent Binding in a Real Estate Deal?
Most LOIs say they are not binding, yet courts have enforced them when the parties acted as if a deal existed. Here is how to keep yours where you want it.