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Commercial Property

Commercial property refers to either land or buildings for profit-generation purposes from rental income or capital gains. Commercial properties include among others office buildings, retail stores, hotels, shopping centers, industrial properties and warehouses.

497 Questions

Does a foreclosure wipe out a confession of judgment?

A foreclosure typically does not automatically wipe out a confession of judgment. A confession of judgment is a legal agreement where a borrower admits to owing a debt and allows the lender to obtain a judgment without a trial if the borrower defaults. While foreclosure can eliminate the borrower's obligation to the mortgage lender, any separate judgments, including confessions of judgment, may still remain enforceable unless specifically addressed in the foreclosure proceedings. It's advisable to consult legal counsel to understand the implications in a specific situation.

What Petrol octane for fsi?

FSI (Fuel Stratified Injection) engines typically require higher octane fuel, often around 95 RON (Research Octane Number) or higher, to achieve optimal performance and efficiency. Using fuel with a lower octane rating can lead to knocking, reduced power, and potential engine damage. Always refer to the vehicle's owner manual for specific fuel recommendations.

Value of land verus value of building?

The value of land typically appreciates over time due to factors like location, demand, and limited supply, often making it a significant component of real estate value. In contrast, the value of a building can depreciate due to wear and tear and may require maintenance or renovation to retain its worth. While land often holds intrinsic value, the building's value is more dependent on its condition and market trends. Consequently, real estate investments usually focus on both land and buildings, with land often representing a more stable long-term investment.

Is Texas a single action state regarding foreclosures?

Yes, Texas is considered a single action state regarding foreclosures. This means that lenders must choose one legal remedy to pursue when a borrower defaults—either foreclosure or a personal lawsuit for the debt, but not both simultaneously. This approach is designed to streamline the process and limit the options available to lenders in recovering debts. As a result, lenders typically opt for foreclosure as the primary method of recourse.

Average square foot cost of building a home in Alabama?

As of 2023, the average square foot cost of building a home in Alabama typically ranges from $100 to $150, depending on various factors such as location, materials, and design complexity. Urban areas may see higher costs due to demand and infrastructure. Additionally, custom builds and luxury finishes can significantly increase the price per square foot. It's advisable to consult local builders for the most accurate estimates.

How wide is a parking space?

A standard parking space is typically about 9 feet (2.7 meters) wide in the United States. However, widths can vary depending on local regulations and the type of parking facility. Some spaces, especially those designed for larger vehicles, may be wider, while compact parking spaces can be narrower, around 7 to 8 feet (2.1 to 2.4 meters).

How do you find out the name of a property owner in Spain?

To find out the name of a property owner in Spain, you can request information from the local land registry office (Registro de la Propiedad) where the property is located. This typically requires providing specific details about the property, such as its address or cadastral reference number. Alternatively, you can use online services or hire a local lawyer or real estate agent who can assist you in obtaining this information, as access to ownership details may be restricted for privacy reasons.

How much do Entrepreneur make?

Entrepreneurial income can vary widely based on the industry, business model, and individual circumstances. Some entrepreneurs may earn little to nothing in the early stages of their ventures, while successful entrepreneurs can make six or seven figures annually or more. On average, small business owners in the U.S. earn around $70,000 per year, but top entrepreneurs in high-growth sectors can significantly exceed this average. Ultimately, the income of an entrepreneur is influenced by factors such as market demand, scalability, and operational efficiency.

What does home zoned commercial mean?

"Home zoned commercial" refers to residential properties that have been designated for commercial use by local zoning regulations. This allows homeowners to conduct business activities from their residences, often subject to certain restrictions or permits. It provides opportunities for small businesses or home-based enterprises while still maintaining the residential character of the neighborhood. However, specific guidelines can vary by jurisdiction, so it's essential to check local zoning laws for details.

Where is flashing kickout put on a house?

Flashing kickout is typically installed at the intersection of a roof and a vertical wall, such as a chimney or a dormer. Its purpose is to direct water away from the wall and prevent it from seeping behind the siding or into the structure. Proper placement ensures that rainwater flows off the roof and away from vulnerable areas, reducing the risk of water damage. It should be positioned at the bottom edge of the roofing material where it meets the wall.

How much is an average office space per square foot to rent in northwest Illinois?

As of 2023, the average cost to rent office space in northwest Illinois typically ranges from $15 to $25 per square foot, depending on factors such as location, amenities, and building condition. More desirable areas or modern buildings may command higher rates, while older or less central locations might be more affordable. It's advisable to check local listings for the most accurate and current pricing.

What is the price per square foot for office space in Fullerton?

As of my last update, the price per square foot for office space in Fullerton typically ranges from $1.50 to $3.00, depending on factors like location, amenities, and lease terms. However, these prices can fluctuate based on market conditions and demand. For the most accurate and current pricing, it's advisable to consult local real estate listings or a commercial real estate agent.

What is the average cost of warehouse space per square foot cost in Savannah Georgia?

As of late 2023, the average cost of warehouse space in Savannah, Georgia, typically ranges from $6 to $10 per square foot, depending on factors such as location, facility quality, and lease terms. The area has seen increased demand due to its strategic port access, which can influence pricing. For the most accurate and up-to-date information, it's advisable to consult local real estate listings or experts.

How do you find a property owner by address in New Zealand?

To find a property owner by address in New Zealand, you can use the Land Information New Zealand (LINZ) website, which provides access to property titles and ownership details. Alternatively, local council websites often have property information search tools that can help you locate ownership records. Additionally, services like Property Guru or QV.co.nz can provide property ownership information for a fee. Always ensure you comply with privacy regulations when searching for personal information.

What is the average cost of warehouse space per square foot cost in MN?

As of 2023, the average cost of warehouse space in Minnesota typically ranges from $6 to $10 per square foot, depending on factors such as location, building quality, and market demand. Areas with higher demand, like the Twin Cities, may see prices on the higher end of that range. It's advisable to check current listings for the most accurate and up-to-date pricing.

What is the average cost of heated warehouse space per square foot in Cleveland Ohio?

As of my last update, the average cost of heated warehouse space in Cleveland, Ohio, typically ranges from $5 to $10 per square foot annually, depending on factors such as location, building condition, and amenities. Specific rates can vary based on market demand and the type of lease agreement. For the most accurate and current pricing, it’s advisable to consult local real estate listings or commercial property agents.

What is the average size of a retail store in the UK?

The average size of a retail store in the UK varies significantly depending on the type of store. Generally, small independent shops may range from 500 to 2,000 square feet, while larger retailers, such as supermarkets and department stores, can exceed 20,000 square feet. On average, many retail outlets fall within the 1,000 to 10,000 square feet range, accommodating a diverse range of products and customer needs.

What is the average cost of land in Washington state?

As of 2023, the average cost of land in Washington state varies significantly based on location, zoning, and land type. Generally, rural land can range from $3,000 to $10,000 per acre, while land in urban areas, especially near Seattle, can exceed $100,000 per acre. Prices are influenced by factors such as proximity to infrastructure, local demand, and land use regulations. It's advisable to consult local real estate listings for the most accurate and current pricing.

History of Real Estates Business in Bangladesh?

The history of the real estate business in Bangladesh began to take shape in the late 20th century, particularly after the country gained independence in 1971. Urbanization and population growth in cities like Dhaka and Chittagong spurred demand for housing, leading to the emergence of private real estate developers in the 1980s and 1990s. The sector has since expanded significantly, driven by economic growth and increased remittances, leading to a boom in residential and commercial properties. However, the industry has faced challenges, including regulatory issues, land disputes, and concerns over infrastructure development.

What a cease and desist means to a bank?

A cease and desist order to a bank is a legal directive issued by regulatory authorities, requiring the institution to halt specific practices deemed harmful or in violation of laws and regulations. This could involve issues like improper lending practices, failure to comply with consumer protection laws, or unsafe financial practices. Compliance with such an order is crucial, as failure to do so can result in penalties, including fines or further regulatory action. Ultimately, it aims to protect consumers and maintain the integrity of the financial system.

Can Canadian citizen buy commercial property in US for business ie hotel?

Yes, Canadian citizens can buy commercial property in the U.S., including hotels, for business purposes. However, they must comply with U.S. laws regarding foreign ownership of property, which may include obtaining appropriate visas and permits. Additionally, it's advisable to consult legal and financial professionals to navigate the complexities of cross-border transactions and taxation.

How much it costs to appraise a hotel property in CA?

The cost to appraise a hotel property in California typically ranges from $3,000 to $10,000, depending on factors such as the property's size, complexity, and location. Larger or more complex hotels may incur higher fees due to the additional time and expertise required for the appraisal process. Additionally, specialized appraisal firms may charge premium rates for their services. It's advisable for owners to obtain quotes from multiple appraisers to ensure competitive pricing.

How do you Find property parcels in Davidson County Tennessee?

To find property parcels in Davidson County, Tennessee, you can visit the Davidson County Property Assessor's website, where they provide an online property search tool. You can search by address, parcel number, or owner name to access property details. Additionally, the Metro Nashville government website offers mapping tools that can help visualize property boundaries and zoning information. For more detailed inquiries, you may also contact the Davidson County Assessor's office directly.

What is the average cost of warehouse space per square foot cost in Raleigh NC?

As of October 2023, the average cost of warehouse space in Raleigh, NC, typically ranges from $7 to $12 per square foot, depending on factors such as location, amenities, and the condition of the facility. Prices may fluctuate based on market demand and economic conditions. For the most accurate and current rates, it's advisable to consult local real estate listings or commercial property experts.

What is an involuntary lien on your property?

An involuntary lien on your property is a legal claim placed against it without your consent, typically due to unpaid debts or obligations. Common examples include tax liens, which arise when property taxes are not paid, and judgment liens, resulting from a court ruling against you. These liens can restrict your ability to sell or refinance the property until the debt is resolved. Essentially, they serve as a way for creditors to secure their interests in your assets.