Commercial leases allow businesses to control their operating expenses and better ensure continued access to a facility. They also protect landlords by establishing certain restrictions on tenant behavior and establishing tenant responsibilities related to rent and...
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Toledo Real Estate And Business Law Blog
3 considerations when preparing to sell a business
Some people start a business with the specific intention of selling it to others in the future. Someone might develop a home health care practice and then sell it to a larger medical business once the organization has a positive reputation with the community. Other...
How do Ohio judges divide custody during a divorce?
Some parents preparing for divorce in Ohio qualify for dissolution. They work out agreements with each other that allow them to pursue an uncontested filing. They make their own arrangements and therefore have control over the final terms for both custody matters and...
3 common ways commercial tenants violate their leases
Landlords who own commercial properties often have less marketing to do than landlords who rent out residential homes. Their leases last for longer, and businesses are often eager to secure properties in certain areas with high traffic levels or appropriate zoning....
When do civil court judges order specific performance?
Contract breaches can cause a host of challenges for a company depending on a service provider, outside professional or vendor. Sometimes, it is possible to settle a breach of contract matter amicably, but other times, contract breaches lead to litigation. The party...
Considerations to think about during property division
During a divorce in Ohio, a state that follows equitable distribution laws, the division of property requires careful consideration of several factors. One of these is determining the status of the property. Marital property, which is divided in property division,...
What are the benefits of an LLC?
Starting a business as a limited liability company (LLC) offers numerous benefits, making it a popular choice for many entrepreneurs. An LLC is a flexible form of enterprise that blends elements of partnership and corporate structures. This business entity is...
3 types of clauses to include in a vendor contract
Healthy vendor relationships can have a major impact on a company's operations. An executive or business owner may spend many hours researching the best vendor options and far longer cultivating good relationships with specific vendors. Vendors can supply unique...
How can joint business owners effectively navigate a divorce?
The fate of a family business during a divorce can vary significantly based on several factors, including the nature of the business, owners’ goals and the value of the marital estate as a whole. Some married business owners use prenups or postnuptial agreements in...
Why Ohio property owners shouldn’t ignore boundary issues
Property owners in Ohio generally invest quite a bit in the real property that they purchase. Whether they own rural acreage for agricultural purposes or a small residential plot in the city, every square foot of property ultimately contributes to the value of their...