Real Estate Influence Articles

These Real Estate articles will give you the news and information you need to stay up to date in the ever changing Real Estate industry.

June 12, 2013 – 767 views
Real Estate Influence
Drafting and signing lease agreements is the final stage of giving a residential or commercial property for rent. This agreement mentions the details of the rights and liabilities that the landlord as well as the tenant has during the lease period. That is why it is important to know the intricacies of drafting a lease agreement and reviewing a drafted agreement before offering it to the client... Full Story 
May 17, 2013 – 866 views
Real Estate Influence
A build-to-suit lease is a land owner’s or a land developer’s agreement to construct a building, and in most cases for a single tenant. Here, the developer will construct the building as per the specifications of the client. The developer/landlord even pays for the construction as per the specifications of the client. The client will then lease the land from the developer, who will still retain the original ownership of the building. This kind of a lease is for those who wish to occupy a building, but do not wish to own it. These leases will be valid for longer periods than a normal lease. This will allow the landlord to recoup the investment that has been made over the period during... Full Story 
May 9, 2013 – 881 views
Real Estate Influence
The ALTA Policy, (the American Land Title Association Policy) covers against the losses that can happen in issues regarding the transfer of title in the purchase of a policy. The policy also insures against easements involving boundary lines and unrecorded encroachments and provides coverage for unrecorded defects in the title. The issues of the title are not federally regulated, so it comes under local and state property laws. The policy also covers additional risks like the assessments, unrecorded mechanic’s liens, encroachments, encumbrances, easements, mining claims, water rights and patent reservations, as well as... Full Story 
April 17, 2013 – 828 views
Real Estate Influence
Boilerplate provisions are usually found at the end of the contract. But that is no reason to presume they are unimportant. The conditions listed in the boilerplate are the guidelines by which the contract is enforced. Real estate contracts are governed by the same laws that govern any other contract, and the following boilerplate clauses are just as effective for real estate boilerplate contracts... Full Story 
April 5, 2013 – 811 views
Real Estate Influence
Contaminated land or property is valued extremely low. Both owners and purchasers of contaminated property are at a significant risk. It is a challenging issue for regulators as well as buyers and sellers of such property where transactions are involved or re-development needs to be done... Full Story 
March 15, 2013 – 893 views
Real Estate Influence
A short sale can be defined as the sale of any real estate property that results in proceeds lesser than that of the outstanding balance on the mortgage taken against the property. The difference between outstanding balance on the mortgage and the amount obtained through a short sale is called deficiency. When a short sale takes place, it need not always guarantee that the borrower will be free from the obligation of remitting the deficiency. The outstanding deficiency balance can only be waived whenever the short sale takes place under the Home Affordable Foreclosure Alternatives Program (HAFA) or alternatively if the lender agrees to forgive the deficiency, which is highly unlikely... Full Story 
March 8, 2013 – 808 views
Real Estate Influence
A certificate of insurance ensures that your business partner has signed an agreement to obtain an insurance coverage. Basic coverage information is included in the agreement like the policy limit, identification of the certificate holder, the expiration and inception dates of the policy, the deductible and the type of insurance that can be applied. These certificates do come with various pitfalls, which are discussed below... Full Story 
February 18, 2013 – 817 views
Real Estate Influence
Commercial bankruptcy is the top most concern of both the retail center managers/owners as well as the landlords in the distressed market today. When a tenant files bankruptcy, the landlords incur huge losses. However, there are legal options available to them to minimize their losses and protect their interest... Full Story