In an article published on Feb. 8, 2017 by Construction Financial Management Association, Simon Bloom and Shannan Oliver offer guidance to the 10 major pitfalls that come into play in commercial real estate transactions. The article lists the top potential pitfalls, including: indefiniteness, ambiguity, merger clauses, form documents, title defects, zoning and permitting, environmental concerns, escrow, foreclosures and deficiencies, and debt service.

Bloom and Oliver emphasize, “With any project, negotiating a great deal is only half of the battle. Arm yourself with a solid contract and you’ll improve the odds of emerging a winner.”

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