Commercial Real Estate Law
Commercial real estate law governs real property- immovable property like land, buildings and fixtures operated for profit. Commercial real estate includes any income generating property such as offices, shopping malls, restaurants, industrial parks, retail stores, and factories. Commercial real estate transactions are regulated by both federal and state laws. Although commercial real estate investment can be very profitable, there is always an element of risk involved, such as non-payment of rent or depreciation of the value of the property. Confession of judgment clauses can also have serious consequences and should be understood thoroughly before entering into commercial real estate deals.
