Financing Contingencies in Commercial PSAs: When a Separate Financing Out Is Worth the Fight
Many commercial real estate purchase and sale agreements provide for a single due diligence period during which the buyer is expected to complete its review of the property and either proceed to closing or terminate the contract and recover its deposit. That diligence...
What is the Role of Escrow in a Commercial Real Estate Transaction?
Commercial real estate transactions are often complex, involving significant sums of money, extensive documentation, and multiple parties with varying interests. One crucial component that helps streamline and safeguard these transactions is the escrow process. Escrow...