How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds

Ask a Real Estate Lawyer

Tina
Tina, Lawyer
Category: General
Satisfied Customers: 5379
Experience:  17 years of legal experience including real estate law.
4460311
Type Your Real Estate Law Question Here...
characters left:
7 Real Estate Lawyers are Online Now

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
 
 
 

Questions about Commercial Property Laws

Commercial property is property in the form of buildings or land that is used to generate a profit, either from rental income or capital gains. This would include everything from industrial property, office buildings, medical centers, malls and hotels to farm land, multifamily housing buildings, garages, and warehouses. In several states, residential property can also be classified as commercial property for borrowing and tax purposes based on the number of units it has.

Listed below are a few questions answered by lawyers on commercial property related issues.

Three potential renters have contacted me to open different medical marijuana businesses in my commercial property in Oregon. One wants to open a clinic, another wants to grow the plants indoors as he is a legal supplier, and the third wants to rent the property as a meeting place. Is this considered a legal use of the property?

Medical marijuana is tricky. Technically, it is allowed under Oregon law, so running those businesses would be alright according to the state of Oregon, as long as the business owners comply with state and local regulations. However, federal drug laws supersede state laws under the Supremacy Clause of the Constitution. Therefore, using the property to grow, sell, or distribute the drug would be considered a violation of the Federal Controlled Substances Act, and hence would be illegal.

Can the bank put up my commercial property on auction without letting me know?

In most cases, if the bank decides to auction a commercial property after foreclosure, it would need to issue notice to the public as well as to the owner of the property so that he/she would have the opportunity to reclaim it.

Since we are unable to make payments on a commercial property that is in our name, we are going to lose it to the bank. What other assets can the bank attack in this regard?

If you are financing the commercial property, the bank can hold you responsible for any deficiency they incur between what you owe them and what the property finally sells for at the foreclosure auction. They would need to sue you and get a court judgment, but then they could seize your bank accounts, lien any real estate owned by you, and garnish any non-exempt wages up to 25%. They could also lien vehicles, although that is not considered normal procedure unless the vehicles are paid for.

I have a commercial property in Missouri that will be auctioned off at noon today. How can I stop foreclosure proceedings?

You may be able to stop the proceedings by filing a Chapter 11 bankruptcy. In most cases, this should immediately stop the foreclosure action and allow you to set up a plan to reinstate your mortgage arrearages. However, it is best that you hire an attorney for this. In the event you choose not to do use an attorney, you would need to download the forms online and file them on your own prior to the sale. Once you have filed this petition, you would need to notify the plaintiff.

Commercial property laws differ from state to state. However, as an owner of a commercial property you need to be aware of all the statutes and regulations that apply to commercial property.

Ask a Real Estate Lawyer

Tina
Tina, Lawyer
Category: General
Satisfied Customers: 5379
Experience:  17 years of legal experience including real estate law.
4460311
Type Your Real Estate Law Question Here...
characters left:
7 Real Estate Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Real Estate Lawyers are online & ready to help you now

Tina
Lawyer
Satisfied Customers: 4813
16 years of legal experience including real estate law.
Law Pro
Lawyer
Satisfied Customers: 6227
20 years extensive experience in real estate law, foreclosure, finance, and landlord tenant law.
Barrister
Lawyer
Satisfied Customers: 4966
13 years real estate, Realtor. Landlord 24+ years

Recent Commercial Property Questions

  • i had a roommate that did damage to the rental unit that i

    i had a roommate that did damage to the rental unit that i signed lease for. is she liable for damages?
  • 187' of hedge borders our common area. An adjacent homeowner,

    187' of hedge borders our common area. An adjacent homeowner, not a member of our HOA, has asked us to remove 15' of hedge at the end, to improve his view of our community golf course. Does this proposed removal constitute a material or substantial change requiring a vote by 75% of the Assoc. members? The removal would not affect any HOA member's privacy nor view.
  • Hello *****!!! I have rented a house for 6 years,

    Hello *****!!!
    I have rented a house for 6 years, always paying on time and also have invested thousands of dollars in this property, on landscaping, ect .. I found out a few days ago ONLY because I had a fire at the house ( due to a faulty stove) ..my landlord is selling the house at auction on Dec 7 at 10am. The landlord was not telling me, but then had to when the fire happened. I do not have a lot of money but I have been the best tenant anyone would want,,,can someone please help me?? this is in Tampa Fl
    Thanks so much
< Last | Next >
View More Real Estate Law Questions