Escrow Provisions in a Commercial Purchase and Sale Agreement
A commercial real estate Purchase and Sale Agreement ("PSA") typically requires the buyer to make a good faith deposit concurrently with or shortly after signing the agreement. This deposit plays an important role in the transaction. Typically the deposit will...
Estoppel Provisions in Commercial Real Estate Leases
Commercial leases generally provide landlords the right to request an estoppel certificate from a tenant at certain times or under certain circumstances. An estoppel certificate is a signed statement by a tenant that certifies the accuracy of certain facts about...
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...