The best way to ensure the health and longevity of your LLC is to create a detailed and specific operating agreement from the onset. While things may look bright during the startup phase, your organization may enter rocky territory down the road. Should that happen, questions will be raised that should ideally have immediate answers. …
Commercial Lease Negotiation – Ten Key Issues for Tenants
Negotiating the most favorable lease terms is one of the keys to the success of your business. The following is a list of ten of the critical provisions to be negotiated in any commercial lease. 1) Rent – When does it commence; what is the base rent; will there be percentage rent. Does the rent …
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Beware FIRPTA: Buying and Selling Florida Real Estate by Non-Residents
Florida law does not impose restrictions on the purchase of real estate by foreign investors. Foreign investors may take title to Florida real estate in their individual names or in an entity (LLC or corporation). The challenge for foreign investors arises when the investor decides to sell the property. The Foreign Investment in Real Property …
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