Prevent Heartache By Having a Lawyer Review Your Commercial Lease – The Rent Increase Control Clause

Prevent Heartache By Having a Lawyer Review Your Commercial Lease <em>– The Rent Increase Control Clause</em>

I recently came across a story in the news highlighting the unfortunately common situation where a small business owner is facing financial disaster as a result of terms in their commercial lease they didn’t fully understand when they signed.  Cash flow challenges are reality for most small business, particularly those in the start up phase.  As a result, many view spending money to have a lawyer review what appears to be a standard lease is a luxury they can’t afford.

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Buying your first house? Be mindful of how you shop for your "starter home"

Buying your first house? Be mindful of how you shop for your "starter home"

We've all heard the term "starter home". Usually it's used to describe a quaint little house that would be affordable for a young person or couple, but not really suitable for a family with more than one child. The theory being that this family will simply sell this little house and move into a larger one in the event that they have more children, or some other changes in circumstances. However, when you are buying your "starter" home, be mindful of the fact that life is full of surprises and you may end up staying in your first home longer than you anticipated. When looking for your home, don’t set yourself up to be "stuck" in a house.

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