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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Landlords will need to provide “supporting documentation” for applicable costs, which must be limited to expenses related to operation, maintenance, and repair. We understand the importance of drafting commercial property transaction documents in compliance with the latest statues, regulations and laws.

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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. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.

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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. Nevertheless, it is not uncommon for LOIs to lack a direct and unequivocal declaration of intent.