Commercial real estate executives are most likely looking at the last six months and the losses they have incurred and also looking at the next six months to figure out how much more they are set to lose. When asked to point to the current and emerging issues...
Commercial Real Estate
Understanding residential zoning
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Sep 2, 2020 | Commercial Real Estate, Residential Real Estate
Zoning affects everything regarding how individuals can use certain pieces of land. It is important to note that the categories and symbols used can vary widely depending on your jurisdiction. Generally speaking, the government indicates different zoning types with...
When is the right time to develop your property?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jul 21, 2020 | Commercial Real Estate
If you watch the news lately, you will have seen the dozens of stories of real estate developers thwarted by the economic downturn. Many property owners know to pay attention to the economic conditions that will affect property development. Fewer think about the legal...
How are commercial and residential real estate different?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | May 22, 2020 | Commercial Real Estate
If this is your first time purchasing commercial real estate, it is important to understand how and why it is different from a residential real estate purchase. While some elements of the process are similar, there are a few major differences that you should be aware...
Commercial real estate disputes involving business partners
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Feb 11, 2020 | Commercial Real Estate
Often, real estate disputes involve people who are not very close to each other. However, some of these disputes involve people who are very close, such as disagreements that arise between friends, family members and business partners. Our law office recognizes that...
How quiet enjoyment clauses may affect a commercial lease
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 4, 2019 | Commercial Real Estate
Commercial leases are filled with "legalese" due to the nature of the contracts. Before business owners sign this type of document, they need to have a fair idea of what the clauses in the Tennessee lease contract are, and what rights and responsibilities belong to...
Bankruptcy help when it is needed
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jun 14, 2019 | Commercial Real Estate, Firm News
When a commercial real estate project has not gone as planned, bankruptcy options may be able to help out. There are different types of bankruptcy protections and different bankruptcy options to consider and many can help when a commercial real estate project has...
Realty company plans office building in Nashville
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Mar 21, 2019 | Commercial Real Estate, Firm News
Commercial real estate can be a challenging yet rewarding business to be in and legal resources help to protect valuable interests that are part of a commercial real estate transaction. The parties to a commercial real estate transaction should be familiar with the...
The basics of commercial real estate transactions
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 14, 2018 | Commercial Real Estate, Firm News
There are many aspects of the commercial real estate process that are important to be familiar with. In addition, there are a variety of parties typically involved in a commercial real estate transaction which is why each should understand the legal protections...
Bankruptcy in commercial leases
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jan 25, 2018 | Commercial Real Estate, Firm News
For owners of commercial retail property it can be frustrating when tenants abruptly close up shop and file for bankruptcy. Many times these situations result in months of lost rental income for the property owner. If the tenant files a strait bankruptcy such as...
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