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April 2019 Archives

Climate change could affect real estate values

The commercial real estate market in Philadelphia can be affected by a range of external and social factors. Experts note that climate change could be among these factors. Therefore, investors should consider preparing for changes in order to preserve profitability in the sector. Larger real estate companies are calculating climate risk measurements and how they may affect the long-term property values of different types of property. Of course, climate change is not just linked to global warming; it could have an array of impacts, including increased likelihood of extreme weather like hurricanes or rising sea levels that could make waterfront property more dangerous.

What happens when a commercial lease is terminated early?

There are few certainties in business. Consolidation and dissolution are baked into the risk of entrepreneurship. Often, a business will close its doors and must decide what steps to take regarding a lease agreement. Even in today's virtual world, renting space remains one of the biggest expenses for many businesses.

Do-it-yourself estate planning documents may cause issues

Estate planning offers several wealth protection and asset distribution options to Pennsylvania residents. That's why many people download estate planning documents from do-it-yourself websites. Although DIY legal websites cost less money, oversights can cause problems. Many individuals do not even know if their estate plans contain errors. Plus, people who take advantage of using online services need to pay more money to consult with an attorney.

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