Tort
A tort is a civil wrong, separate from a breach of contract, that harms another party and creates legal liability. In real estate the common ones are negligence, such as failing to keep premises safe, along with trespass, nuisance, and fraudulent misrepresentation in a transaction.
Property owners and managers can face tort claims from tenants, visitors, or neighboring owners. Solid insurance, regular maintenance, and clear indemnification language in contracts all help keep that exposure in check. Knowing where the risk sits is a standard part of managing a commercial property.
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Legal & Contracts
Legal concepts, doctrines, and contract elements that shape commercial real estate transactions. Includes terms tied to enforceability, liability, and the documents that bind parties together.