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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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Blanket Mortgage: How to Use it as an Investor

SparkRental

If you default on your mortgage payment, they file for foreclosure on all secured real estate properties. Lenders usually include a partial release clause with blanket loans to cover the event of the borrower selling one property. Unlike traditional mortgages, you don’t have to repay the entire loan when you sell a property.

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

Esquire Property Management Group

” The conventional Fannie Mae/Freddie Mac Note and Deed of Trust includes particular insurance terms intended to protect both the borrower and the lender in the event of property damage or loss. These measures guarantee that the lender’s security interest in the property is protected.

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