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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...
Contracts make the construction industry go around. Without them, projects would be mired in disagreements that would be nearly impossible to resolve, and the industry would likely collapse on itself. Yet, even with the use of contracts severe disagreements can arise....
Landlords are put in a real financial bind when tenants do not pay rent. If rent arrears accrue, landlords may have no choice but to pursue an eviction for nonpayment of rent. Still, you cannot simply change the locks and toss the tenant’s things out onto the street....
When speaking about commercial real estate, almost invariably, the topic of abatement comes up at some point. Essentially, a tax abatement refers to the reduction of your commercial real estate taxes or some exemption granted to the individual business owner or the...
Residents of the Nashville area have good reasons to worry about what their neighbors are doing with their properties. In some cases, a neighboring property could be downright dangerous. Take, for example, someone who builds an unfenced swimming pool or who is...
Tennessee is a staunch property rights state, and so it likely comes as a shock to our readers that the government can take our property for the public good through a process called eminent domain. The state need only provide us just compensation. Eminent domain The...
Most developers and general contractors in Nashville are aware of the existence and effects of the city’s zoning ordinance. The city promulgates a map dividing the city into zoning district, and the zoning code is a city ordinance that prescribes the types of land use...
Construction projects in Nashville are complex affairs with many parties working together to complete the project. Contractors, subcontractors, laborers, machinists and suppliers all make essential contributions to the project, and their roles and responsibilities are...
As readers of this blog know, we focus on real estate and construction issues and litigation. And, one such common construction litigation topic is defects. We discussed who is responsible for construction defects recently, but in this post, we will explain what a...
Tennessee residents may purchase commercial property with the idea of starting or expanding their business. However, property owners are not free to build freely on their new properties. State and local zoning laws limit the use of the property and put restrictions on...
