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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

The bill has faced opposition from significant commercial property associations, including the California Business Properties Association , the International Council of Shopping Centers , and the California Chamber of Commerce , underscoring the contentious nature of this legislation.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. This specialized insurance coverage goes beyond the standard commercial property protection, offering nuanced financial safeguards which help both the tenant and the landlord.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller. It is imperative that you have a competent real estate attorney to help you by reviewing and or drafting your LOI for you.

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“Wildfires, Insurance & Mortgages: Will Your Home Survive the Financial Aftermath?”

Esquire Property Management Group

Every homeowner reading this should make an appointment with their insurance broker to evaluate their current policy and determine if increasing the policy limits to conform with todays construction costs. Legal action may result from leaving a property unattended without notifying the lender.

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