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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. But, it can also be an essential resource in the event of an emergency. Call 310) 984-9518.

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

Esquire Property Management Group

Legal Defense Costs : Typically, CGL policies include coverage for legal defense costs, encompassing attorney fees, court expenses, and settlements or judgments. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.

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Blanket Mortgage: How to Use it as an Investor

SparkRental

Note that the lender attaches a lien against each property. 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.

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