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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.
Tag Archives: Commercial
Comment on new and revised commercial forms
The Texas Association of REALTORS® has proposed four new commercial forms: Commercial Contract Condominium Addendum (Incomplete Construction) (1946) Commercial Request for Evaluation Materials and Confidentiality Agreement (1947) Commercial Lease Notice of Tenant’s Breach of Lease (2123) Commercial Sublease Guaranty (2124) … Continue reading
Why the size of warehouses has doubled since the 2000s
A new report from CBRE shows that the average size of warehouses built in the U.S. during 2012 to 2017 has more than doubled compared to the last development upswing, from 2002 to 2007. The average warehouse size increased by … Continue reading
Does a landlord waive other rights by willingly accepting late rent payments?
The Texas Supreme Court recently decided that a landlord still maintains the right to evict a tenant even if that tenant paid rent late on multiple occasions without consequences. The state’s top court reversed decisions in the case tried at … Continue reading
Does granting a commercial buyer’s feasibility study period and inspection rights obligate a seller to make repairs?
My client submitted an offer for a commercial property using the Commercial Contract—Improved Property (TAR 1801) with a request for a feasibility period and the right to inspect the property. The seller rejected my client’s offer because he is selling … Continue reading
Commercial members: What are your options after the Xceligent bankruptcy?
Last week, Xceligent, a provider of commercial real estate data services, filed for Chapter 7 bankruptcy and immediately ceased business operations. This represents a major disruption in services to commercial REALTORS®. Xceligent was NAR’s exclusive provider of commercial real estate … Continue reading
Commercial REALTORS® from Texas earn national honors
Three commercial brokers from Texas have been recognized as winners of the NAR 2017 National Commercial Awards: David Aldrich, Greater Fort Worth Association of REALTORS® Adrian Arriaga, Greater McAllen Association of REALTORS® Coy Garrett, Arlington Board of REALTORS® The awards … Continue reading
How TAR fought for commercial real estate
The 85th Texas Legislature considered several bills related to commercial real estate. During the regular session, TAR supported House Bill 1449 (Simmons), which was signed into law to prohibit cities from imposing linkage fees on all new residential and commercial … Continue reading
The million-square-foot deal that won 2016 commercial transaction of the year
It took years for Coy E. Garrett to assemble the properties that turned a largely vacant Arlington mall into a major new industrial project. But his persistence paid off with a successful transaction that earned him the TAR 2016 William C. … Continue reading
FEMA, flood plains, and real estate transactions
Do you know what the base flood elevation of a building is? How about the lowest adjacent grade? Where would you go to find a Flood Insurance Rate Map? The June issue of Texas REALTOR® magazine features one member’s story of … Continue reading