Contingencies in a Contract of Sale

Contingencies in a Contract of Sale

We are negotiating the sale of our industrial building, and the buyer is insisting on a long list of contingencies in the contract. What is normal? There is no “normal” set of contingencies to a contract of sale, in the same way there is no “normal” real estate deal....
The Four Stages of Real Estate Acquisition

The Four Stages of Real Estate Acquisition

We are in the market to buy or lease a commercial building. What should we expect from our real estate broker? Whether you are represented by an exclusive real estate broker, a corporate real estate department, or a paid consultant, your representative should be...
Rights of First Refusal

Rights of First Refusal

We are negotiating a commercial lease with a prospective landlord and have asked for a right of first refusal to purchase the building. He declined, but offered us a right of first offering instead. What exactly is the difference?A right of first refusal is a...