Category: Real Estate / Property

What is an Estoppel Certificate?

If you own commercial real estate which is tenant occupied and you seek to sell your property or obtain financing secured by the property you will likely be asked to supply your buyer or your lender with an estoppel certificate.  So what is it? Before… Continue reading

Understanding Your Property Tax Assessment

When you look at your annual real estate tax bill you may see some terms you do not fully understand and some numbers that appear to make no sense – all seemingly designed to prevent you from fully comprehending your tax liability. Real estate taxes… Continue reading

Co-Ownership of Real Estate: Title Matters

In Pennsylvania, title to real estate can be held by co-owners in various ways – as tenants in common, as joint tenants with right of survivorship, as tenants by the entirety and as tenants in partnership.  We are commonly asked what the differences are among… Continue reading

Update on Mechanic’s Liens and Union Benefit Funds

In prior newsletters we have discussed the case of the Bricklayers of Western Pennsylvania Combined Funds, Inc. v. Scott’s Development Company.  The Superior Court in that case determined that a union’s benefit pension fund was entitled to a mechanic’s lien against real estate on which… Continue reading

8 Ways to Reduce Your Insurance Bill

The cost of property insurance and automobile insurance seems to go up every year. However, there are a few ways that you can fight back. Here is a list of 8 suggestions for containing your insurance costs: ♦     Review the coverage amount of… Continue reading

Condominium Living-Rule Breakers Take Heed

Condominium living isn’t for everyone. A unit owner in a condominium or planned community is governed by a number of rules contained in the declaration and bylaws, and the homeowners association runs the show, often with an iron hand. In my practice, I represent associations… Continue reading

Who’s on Top? Tenants, Subordination and Foreclosure

It is a standard provision in nearly every lease that the lease will be “subordinate” to the lien of any mortgage on the leased property.  While there are variations on exactly what the lease might say and exactly what problems may arise, this seemingly boiler-plate… Continue reading

A Landlord’s Limit in Liability

If you own a building which you do not occupy and which you have leased to a tenant, can you be responsible for injury to your tenant’s visitor for an injury because of a defect on the property? In a recent opinion, the U.S. District… Continue reading

Security for Seller “Take Back” Financing

One way to increase the chances of selling your business  for the right price is to provide financing of at least a portion of the purchase price paid by your purchaser.  Suppose, for example, you are selling a restaurant business, including real estate, restaurant assets… Continue reading

Landlord’s Right of Entry – Plan Ahead for Problems and Opportunities

In landlord/tenant law, the general rule is that until the termination of the lease, the tenant has exclusive control and possession of the premises.  Thus, the landlord has no right to enter the property during the term of the lease. To deal with this rule,… Continue reading