Today’s tip expands the topic of on-site power generation. Instead of “going green” with renewable power, consider installing battery-buffered petroleum generators, natural gas generators or fuel cells to...more
5/24/2013
- Fuel Tax Natural Gas
Rent payments may be tied to a fit-up completion date, such as the tenant’s opening or receipt of an architect’s certificate. Once the fit-up work is complete and the tenant is paying rent, what happens if the landlord...more
4/12/2013
- Landlords Mechanics Lien Rent Tenants
A single casualty loss can affect both the tenant’s commercial space and the landlord’s structure. When that happens, a surprise cost can effectively reduce tenant’s insurance proceeds. The landlord may pass along its high...more
3/29/2013
- CAM Charge Casualty and Liability Policies Deductibles
In a recent Missouri case, a landlord lost a very significant commercial tenant and a title search company lost $48 million because of an incomplete permitting process. The tenant sued the title search company for failing to...more
3/15/2013
- Landlords Notice Requirements Permits Tenants Title Search
In our last real estate tip, we reminded energy-conscious tenants that some rental spaces may have obtained LEED certification with few, if any, energy-efficiency points. If the owner built with energy efficiency in mind, ask...more
3/1/2013
- Energy Efficiency LEED Certified
A commercial tenant may expect lower than normal energy costs when considering a green building, but lower energy costs are not guaranteed. The U.S. Green Building Council’s Leadership in Energy and Environmental Design’s new...more
2/14/2013
- Commercial Tenants Green Buildings LEED Certified
In many states, including Maine, “signed and sealed” documents may be enforced for a longer period of time than documents that are not sealed. The statute of limitations for sealed documents may be 20 years, but only six...more
2/4/2013
- Sealed Records Statute of Limitations
No matter the time of year, an unknown lien against income producing assets may turn the jolliest landlords and tenants into humbugs. Owner’s or leasehold owner’s title insurance policies protect real estate interests, but as...more
12/15/2012
- Liens Title Insurance UCC Uniform Commercial Code Policy
Is Your Awning Personal Property or Real Estate: Who Decides?
Is an awning, HVAC component or entire building classified as personal property or real estate? The law honors and allows landlords, tenants and suppliers...more
11/30/2012
- Fixtures