Viewing post categorized under: Business/Commercial

What is a Good Guy Guarantee?

By kalantarovlaw | Business/Commercial, Real Estate | 0 Comments

What is a Good Guy Guarantee? Introduction Landlords are often faced with the difficult balance between the need to offer favorable leasing terms to prospective tenants and the need to protect themselves and their real property investment against tenants experiencing economic hardship who fall short on their financial responsibility. For this reason, “Good Guy” guarantees […]

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What is a Power of Attorney?

By kalantarovlaw | Business/Commercial, Real Estate | 0 Comments

What is a Power of Attorney? A power of attorney, or POA, is a legal device that grants an individual, known as the “Agent”, the legal authority, to make decisions and act on behalf of another individual, known as the “Principal.” The decision can involve real estate transactions, banking transactions, business operating transactions, insurance transactions, […]

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