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Navigating Commercial Leases in a Post-Pandemic World

Jimerson Firm

The COVID-19 pandemic has had a dramatic and unprecedented impact on the commercial real estate market, requiring landlords and tenants to rethink their traditional lease clauses. This clause should protect both the tenant and the landlord from any damages resulting from the spread of a virus.

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Proposed Modifications to Michigan Court Rules Seek to Make Pandemic-Inspired  Changes Permanent, Making it Harder to Evict Tenants

Fraser

During the COVID-19 pandemic, Michigan’s court rules related to landlord-tenant eviction procedures were modified in some ways to utilize video conferencing and to make certain proceedings more efficient, and modified in other ways that made it more difficult for landlords to evict residential and commercial tenants.

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Five Key Commercial Lease Provisions for Commercial Tenants

Jimerson Firm

Business owners, or tenants, may be able to negotiate many of the provisions of their commercial lease with the landlord, and make it more customizable to fit their business objectives. Commercial tenants may be wary of how their additional rent obligations may impact their rent payment over time. Permitted Use.

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Building Blocks: Buying a Building Is Almost Never a Bad Idea for Attorneys

NCBA Law Practice Management Blog

A lot of lawyers eventually become commercial real estate owners. For one, especially if you can buy a property with existing tenants, and assuming you can scrape up a down payment, your mortgage will likely be covered substantially, or in full – as will, perhaps your maintenance and property tax (if applicable) costs.

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What are a Landlord’s Rights When Facing a Human Rights Complaint from HUD or a Subsidiary?

Jimerson Firm

It is not uncommon for residential tenants to find themselves at a disadvantage when entering a lease agreement and renting residential property from a landlord. Often, the tenant is not sophisticated in real estate law or the relevant laws of the jurisdiction governing landlords and tenants.

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Five Stories that Matter in Michigan This Week – November 11, 2022

Fraser

. ——— Controversial Landlord-Tenant Rules Proposed by State Court Administrative Office. The State Court Administrative Office unveiled proposed changes to Michigan Court Rule 4.201 , that if enacted, would alter the way eviction cases are handled for both landlords and tenants. Election Law | Garett Koger.

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How to Invest $1,000 in Real Estate

Credit Corp

At the risk of stating the obvious, real estate costs a lot. That makes it expensive to invest in, and difficult to diversify among real estate investments. So, what can an investor do if they want to add real estate investments to their portfolio, but only have $1,000 to invest? Publicly-Traded REITs.

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