In the dynamic landscape of Nashville's real estate market, investors often encounter complex financial structures designed to mitigate risks and optimize financing. One such instrument gaining traction is the special purpose entity. Understanding what an SPE is and...
Commercial Real Estate
Real estate bid protests: Know your options
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 18, 2023 | Commercial Real Estate
In commercial real estate, bid protests can be a crucial aspect of the competitive landscape. Understanding your legal options ensures a fair playing field and protects your interests. It is important to know the avenues available in Tennessee if you are considering...
The impact of zoning on real estate property
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Oct 20, 2023 | Commercial Real Estate, Residential Real Estate
Municipal authorities and the local government establish zoning guidelines to govern land usage in particular geographic areas. Zoning laws define and limit what property owners can do with their land based on its location and zone classification. Tennessee has...
Real estate: Do you need a lawyer if you already have an agent?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Sep 29, 2023 | Commercial Real Estate, Residential Real Estate
Purchasing real estate is always a big deal, whether you are a first-time home buyer or an experienced real estate developer. Many people rely on real estate agents to find them a property that best suits their needs and is within their price range. Once you decide to...
What are possible defenses to a commercial real estate eviction?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jun 13, 2023 | Commercial Real Estate
If you are a Tennessee commercial real estate landlord, you likely worry about the stress and cost of eviction if your tenants fail to pay rent on time, violate the terms of your lease or engage in illegal activity on the premises. However, thinking about their...
What should be included in a commercial lease?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | May 8, 2023 | Commercial Real Estate
Commercial landlords and tenants in Nashville typically have different priorities. Landlords are interested in making sure that they receive the agreed-upon rent on time and that their property remains in good condition. Tenants are focused on having a space that...
Easements under Tennessee law
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Mar 29, 2023 | Commercial Real Estate, Residential Real Estate
Property law is notoriously complex, and some of the most complex legal issues in real estate involve easements. Tennessee law defines an easement as a property interest that gives someone a right to use property owned by someone else for a specific purpose. For...
Common reasons for disputes during home purchases
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Mar 23, 2023 | Commercial Real Estate, Residential Real Estate
Real estate purchases are big transactions for both the buyers and sellers of the homes. There are many aspects of home purchases that people on both sides of the sale need to consider before agreeing to the terms. There are usually tours of the home, negotiations and...
Judge enjoins work on Jack Daniels barrelhouse
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Mar 10, 2023 | Commercial Real Estate
Many land-use disputes wind up in court after the municipal government agency with jurisdiction over the property in question issues a ruling with which the property owner or another party disagrees. A classic example of this phenomenon was presented to district judge...
Ways to get out of a commercial lease
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Feb 14, 2023 | Commercial Real Estate
Even with a well-written lease, landlords may have to confront situations where tenants try to evade their legal obligations. In the event of a recession, there will be a greater risk of this happening. Leases and termination The terms of a commercial real estate...
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