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Tenant Purchase Options in Commercial Leases
Nemat Law Firm Team

1. What Are the Differences Between the Option to Purchase, ROFR, and ROFO Clauses? There are three approaches to giving a tenant rights to purchase property: an option to purchase, a right of first refusal, and a right of first offer. An option to purchase is a fixed right, where a tenant may purchase property…

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Understanding Government Exercise of Eminent Domain in the State of Georgia
Nemat Law Firm Team

Eminent domain is the rights and power of the government and authorities such as the department of transportation or utility companies to condemn and acquire private property for public use. It is critical that one makes a distinction between the government’s power of eminent domain and the government’s police powers. The governments police powers allow a…

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Practical Considerations for Business and Real Estate Owners Negotiating a Letter of Intent
Nemat Law Firm Team

The Letter of Intent also known as LOI is a contract that can be binding or non-binding. Oftentimes, it begins the acquisition process. Here are five important considerations when it comes to the LOI. The Why In commercial acquisitions of less complexity, a buyer may submit a purchase and sale agreement without the interim use…

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