With the increase in vacant office space due to commercial tenants defaulting on their rent and/or filing for bankruptcy, landlords need to be aware of how to keep existing tenants while remaining in the black. Based on the problems in the nation’s economy, some commercial tenants are asking for a rent reduction in exchange for an [...]
Landlord Tips: When to Release a Tenant from their Lease
Because the Dallas commercial real estate industry is still in a precarious situation, landlords may often wonder about releasing a tenant from their lease. After all, the question of whether they can fill that commercial space with another tenant is certainly in question, given the harsh state of the Dallas commercial real estate market. Consider Local [...]
What to do when your Tenant Files for Bankruptcy
Being a Dallas commercial real estate landlord can come with its share of challenges. And one of those challenges is when your tenant files for bankruptcy. What do you do? Where do you turn? It is important to understand both your rights and obligations as a landlord. The following tips can help guide you through the [...]
