Commercial real estate
Feb 14th, 2019 9:27 am
Feb 14th, 2019 2:23 pm
What type of commercial real estate? Please PM me details and I'll see if I can help, or at least, point you in the right direction.
Feb 14th, 2019 3:16 pm
As mentioned above, you might want to be more specific on the property type...commercial real estate is a broad term. I personally used to work in retail real estate development and management...saying commercial would isn't specific enough.
Feb 15th, 2019 9:35 pm
Feb 15th, 2019 11:26 pm
Feb 16th, 2019 2:18 am
Feb 16th, 2019 2:57 am
Feb 16th, 2019 9:35 pm
Feb 16th, 2019 9:47 pm
Normally 3% to be paid by the Seller if it’s in GVR.
Feb 19th, 2019 8:07 pm
Feb 19th, 2019 8:43 pm
Feb 19th, 2019 8:49 pm
licenced wrote: ↑Feb 19th, 2019 8:43 pmWell it depends entirely on what you are selling and the size.
a mall? No
commercial space only? Yes
attached to residential? No
store front commercial space? No
large or small commercial space? small
a business? Yes
type of business, age and revenues? Motel, 45 years old, $200K / year
is it subject to environmental laws? No
Feb 19th, 2019 9:03 pm
Then a business appraiser is good advice as it appears you are selling the assets under the Bulk Sales Act. If real estate is involved as it appears to bem then an appraisal for the property is also warranted and a good business appraiser will understand how to value depreciated property - presuming this applies.
Are you certain? that would depend entirely on your surroundings.is it subject to environmental laws? No