Commercial real estate transactions, including sales and purchases, are often strategically important to a company or business. Philadelphia has become a strategic location for investors from New York, as it continues to lure investors with commercial real estate opportunities. Recently brokered was the sale and financing of a 19-story office and retail building in Philadelphia. The property provides 253,732 square feet of office space and 22,723 square feet of retail space.
What is an action to quiet title in Pennsylvania?
Owners, purchasers and sellers of real property in Pennsylvania have a strong interest in making sure that the title to the property is free of any defects or competing claims. A cloud on the title can hold up a sale or refinancing. Title insurance provides some protection, but the insurer may refuse to issue a title insurance policy on the property if there is a title defect or unresolved claim.
We can help with Philadelphia real estate partition actions
In Philadelphia it is very common for two or more people to own a parcel of real estate jointly. Co-ownership of real property can come about for a variety of reasons. An unmarried couple may have purchased the property together as a place to live. Siblings may have jointly inherited the property through a will or trust. Or a group of people or entities may have purchased the property jointly in furtherance of a business venture.
Eminent domain threatens unique Philadelphia business
Many eclectic businesses operate within Philadelphia and cater to the needs and wants of residents from all across the city. A West Philadelphia artist has made a name for himself by opening a studio that is as much a work of art itself as the objects that are produced inside of it. Lately, however, the artist's focus has been distracted by a difficult legal problem.
