Commercial Archives

Why You Need an LLC and Operating Agreement in Real Estate

by David Soble | Nov 27, 2021 | Business Law, Commercial, Real Estate Law

Single-Member LLCs and Operating Agreements A single-member limited liability company (“SMLLC”) is a one-owner business. The SMLLC is like a sole proprietorship, but having an LLC has advantages over operating a business individually, without filing for a...

Loan Workouts: A Solution for Missed Small Business Loan Payments

by David Soble | Sep 30, 2021 | Business Law, Commercial, Financial Disputes, Mortgage Disputes

Your business is having financial issues, cash flow is tight, and you have defaulted on your business loan. What happens next and how do you work out of this situation? Having a brief understanding of commercial loan workouts is important for business borrowers to be...

The 11 Best Practices of Purchasing Commercial Property

by David Soble | May 19, 2021 | Commercial, Purchase Agreements, Purchases

Regarding purchasing a commercial property — whether it’s your first purchase or your tenth — be sure to follow these eleven best practices. It’ll save you time, and most of all, money. Purchase Agreement This is the single most important document that you can have in...