As of July 1, 2008 residential and general contractors who do work in Georgia must obtain a license from the State Licensing Board for Residential and General Contractors.
Avoid Using Form Commercial Contracts in Georgia, guest post byJustin Daniels
Pre printed form commercial sales agreements contain pitfalls for buyers unaware that the form is silent on many provisions that are critical to specific types of corporate and real estate transactions. I recently reviewed a form commercial sales agreement that addressed the sale of a business along with the commercial real estate. The form, however, was [...]
Commercial Lease Legal Issues Checklist, guest post by Justin Daniels
Our resident commercial real estate attorney has written his Top 10 Checklist for Commercial Lease Legal Issues to help you consider the important issues that come up in your lease. Confirm all financial and legal terms from lease LOI and properly reflected in the lease document. CAM Charges: a) Did landlord included capital expenses in [...]
Dealing with Deliquent Customers, guest post by Justin Daniels
Another Guest Post by local Commercial Attorney, Justin Daniels: I have received several phone calls from upset clients lately who want to sue a delinquent customer back to the stone age over a $5,0000 or $10,000 account. The problem is that after you have hired an attorney and set aside time and effort on this [...]
The Bluffs Technology Park missed a Good One
I really wish I were writing this article announcing a great start to The Bluffs Technology Park in Canton. Instead, a solar cell manufacturing plant will be opening in Norcross, GA and not Cherokee County. Governor Sonny Perdue announced today that Suniva, Inc., will locate its first solar cell facility, and Georgia’s first solar manufacturing [...]
Atlanta Commercial Real Estate Basics – What is a Triple Net Lease?
What is a Triple Net Lease? The terms of the contract may contain restrictions and stipulations to protect both parties. In some instances, for example, the terms of the lease may include a cap on total property taxes to be paid by the tenant.
Properly Titling Real Estate Held by Trusts, guest post by Justin Daniels
I confronted another situation you should avoid. In order for a trust to own real estate in Georgia the deed cannot read John Smith Trust, dated January 1, 2008. It must read John Smith, Trustee, of the John Smith Trust, dated January 1, 2008. You want to make sure the property is owned by the [...]
Prime Outlet Shopping in Holly Springs, GA
I had heard plenty of rumors about a new outlet shopping center coming to Cherokee County, but it appears very true now. Holly Springs will be getting a new Prime Outlet center in 2010. The 450,000 SF center will have 120 stores and should bring about 2,000 jobs to the area. The project will cost [...]
Cumulative CAM Cap and Your Commercial Lease, guest post by Justin Daniels
My name is Justin Daniels, a local commercial real estate lawyer in Atlanta. Brad Nix asked me to pen a quick legal post on important legal issues that comes up in commercial Leases. I came across a situation you should be aware and try to avoid or mitigate when negotiating your office or retail lease. Common [...]
CoStar Group Acquires (Dorey) Assets of Atlanta Information Provider’s Online Business
The Official Press Release as of Tuesday April 1, 4:56 pm ET Acquisition of DoreyPRO Online Business By Commercial Real Estate’s Largest Research Organization Enhances Quality and Scope of Information for Local Service Providers and Confirms CoStar’s Leading Position as Atlanta’s Premier Online Commercial Real Estate Information Service BETHESDA, Md., April 1, 2008 /PRNewswire-FirstCall/ — [...]