Real estate laws related to adverse possession have been in the news quite a bit in recent months. There have been several high-profile cases of residential property owners being unable to gain possession of a property they purchased due to squatters. Squatters, or...
Commercial Real Estate Law
Understanding commercial real estate terms is a must
If you own property in Idaho, you’re obligated to adhere to state laws and regulations regarding such ownership, such as laws that protect the safety of visitors and guests. Failing to fulfill your obligations may lead to legal problems. As a commercial real estate...
Unlawful detainer and foreclosed property: What to know
In a market where real estate prices are soaring, short sales and foreclosed properties offer buyers unique opportunities to get the property of their dreams at an affordable price. What do you do, however, when you buy a foreclosure or short sale and the former owner...
What is adverse possession in real estate?
If you have any idea how real estate transaction work, you’re probably already aware that property doesn’t change hands without a great deal of paperwork. The one exception to that rule tends to unfold when adverse possession is involved. Adverse possession can allow...
Navigating landlord/tenant disputes in commercial real estate
Most areas of commercial real estate involve a certain level of complexities that have the potential to lead to occasional issues, disputes and even litigation. One area where this especially holds true is in regard to landlord/tenant legalities. Whether you are on...
When co-owners don’t agree: Partition actions in real estate
People can end up co-owning real estate together through a “tenancy in common” for all kinds of reasons. Sometimes, co-ownership works out very well. Other times, it doesn’t. When the co-owners of a piece of property have different ideas about what should be done with...
What is a triple-net lease?
Not all commercial leases and real estate contracts address the same needs and concerns. There can be substantial differences, and it’s very important to understand what these are before signing. For example, a standard lease just requires the person who is using a...
Securing a retail rental lease agreement at a fair price
Strong negotiation skills can help you secure a desirable commercial real estate lease for your retail store in Idaho. You may want to first understand the possible clauses in a retail rental lease agreement and fair prices before negotiating. Understand commercial...
Types of construction loans for commercial real estate
The development of commercial real estate frequently requires large inputs of cash to arrive at a finished property that produces a profit. Idaho developers and investors derive most of their financing from lenders that specialize in commercial properties. Their loan...
When should you sue your commercial landlord?
As a business tenant in Idaho, you have the right to expect that your commercial landlord will provide a safe, habitable property where you can operate your business. This may not be the case, which may warrant legal action. You may have other alternatives to change...