In commercial real estate, sellers often use the term "as is" to describe the condition of a property. It signifies that the buyer accepts the property in its current state and does not expect the seller to make any repairs. On the surface, the meaning of this term is...
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Year: 2024
Making sure a promissory note is legally sound
With a promissory note, you can loan money with a signed agreement that obligates the party to pay it back. Still, there is the chance that litigation could erupt if the debtor contests some of the note terms or even the validity of the note itself. As a creditor, you...
What are ways to determine property boundaries?
Trying to manage your property can become a problem if a nearby property owner asserts that some of your land is actually theirs, or if another party claims some right to your land. Without clearly defined property lines, you will have a harder time securing your...
Top legal concerns after a business acquisition
Owners must consider various legal concerns after a business acquisition to build a solid foundation for the new company. Properly navigating the legal landscape helps to mitigate risks. There are a few important legal aspects leaders must pay attention to after an...
Frequently asked questions about commercial zoning laws
In 2022, the U.S. Small Business Administration Office of Advocacy reported that there were 996,693 small businesses in Ohio. Those operating in Cincinnati must adhere to the city’s commercial zoning regulations. Commercial zoning laws dictate how business owners and...
