Construction defects are a complex problem -- and the source of a lot of litigation.
Commercial real estates aren't exactly a "one size fits all" sort of deal. In fact, there are three basic types of leases you can use.
When you own a condo, you expect to pay home owner association fees. It sort of goes with the territory.
Eminent domain is the process by which the government in Arizona and elsewhere can take over a person's real estate. The property must only be taken for public use and the property owner must be compensated accordingly. Eminent domain typically occurs when a government is planning to improve or expand public utilities or roadways and needs parcels of real estate to complete their projects.
It is safe to say that most commercial tenants and landlords are professionals who share a mutual interest in fostering a good relationship. Despite this, misunderstandings can arise or one party can make a simple mistake that may or may not violate the rights of the other party. While either party in a commercial real estate contract can be on the negative end of a dispute, this post will focus on the tenant who feels he or she has been wronged in some way.
If you use leased commercial space to operate a business in the Tempe region of Arizona, you probably want to make sure you get the best deal. After all, the amount you spend on real estate will have an effect on your bottom line. Landlords are also interested in protecting and enhancing their own bottom lines by charging tenants as much rent as they can get by with. Finding a mutually beneficial middle ground can be a challenging endeavor for business owners in the area.
For many, losing a home to foreclosure feels like failing at life itself. Owning your own home is a large part of the American dream; once you lose it, you have to begin building your dream all over again. It is definitely a setback to achieving one's life goals.
Times are hard for renters, especially in mid-size to large cities. Competition to rent is steadily increasing, and renters are left with little to no option than to take overpriced apartments with strict contracts written to favor the landlord. When landlords use questionable tactics to evict renters so that they can get higher rent, when it is time to say "enough is enough" and fight back?
For several years, the beloved Arizona Diamondbacks and Maricopa County have been embroiled in a real estate dispute. Recently a judge with the Maricopa County Superior Court ordered the two entities to work out the issue in arbitration. The judge also urged both parties to reach a speedy resolution.
The Arizona city is Gilbert and the ballpark is Big League Dreams. These two parties are currently warring with one another about the closure of this popular piece of real estate. Gilbert says the little league ballpark is not safe and must remain closed for repairs. Big League Dreams representatives dispute the allegations of poor safety and want the city to reopen the park.