What is a Build to Suit?

posted in: Realtor Toolkit

A Build to Suit (BTS) is where a commercial property tenant enters into an agreement with a developer or landowner to construct a new, custom-built facility for lease. Once completed, the tenant typically become the sole occupant. This type of … Read More

What is Cash boot vs Mortgage boot? All loan agents must know!

posted in: Realtor Toolkit

1031 Exchange – Loan requirement and potential lending issues. With over twenty five years in this business, I frequently get asked in my seminars by loan agents about this subject a lot. Before we tackle the above, it is critical … Read More

1031 exchange clause and Assignment of Sale/Purchase contract – Agents must use!

posted in: Realtor Toolkit

1) Section 1031 Exchange Cooperation Clause Enclosed are sample exchange cooperation clauses. Such cooperation clauses should be used to prevent any dispute or misunderstanding regarding the form of the transaction. The enclosed sample clauses are designed for a deferred exchange … Read More