Remove Commercial Property Remove Definition Remove License
article thumbnail

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.

Lease 52
article thumbnail

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

Esquire Property Management Group

A Letter of Intent Must Contain the Deal’s Essential Terms to Be Enforceable While a Letter of Intent (LOI) stating, “Party A agrees to sell its commercial property to Party B and Party B agrees to buy it,” may signal a mutual commitment to a transaction, its mere existence does not confer enforceability.

article thumbnail

Blanket Mortgage: How to Use it as an Investor

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. A blanket mortgage is a single loan attached to multiple properties. As terms in real estate investing go, the blanket mortgage definition is pretty simple. Enter: blanket mortgages. What Is a Blanket Mortgage?

IT 52