Seattle Landlords: 5 Lease Provisions That Cost You Money When Tenants Go Dark (And How to Draft Them Right)

Consider this scenario: your retail tenant is still paying rent but they’re not actually operating the business. The storefront sits dark, “CLOSED” sign on the door, no customers. No activity..

Do I need a lawyer if I already have a business broker helping me buy a business in Washington?

Yes, you should at least consider one. A business broker and a buyer’s attorney serve different functions. The broker facilitates the transaction and typically represents the seller’s interests. An attorney..

What liabilities can transfer to a buyer in a Washington business purchase?

In an asset purchase, only the liabilities the buyer specifically agrees to assume should transfer. However, Washington law includes successor liability rules and treats certain bulk asset transfers under state..

What should a buyer know before purchasing a business in Seattle, Washington?

Buying a business in Washington requires more than reviewing financial statements. A buyer needs independent due diligence covering the company’s contracts, liabilities, employee obligations, and regulatory compliance before signing any..

Why vague lease language costs landlords more than it costs tenants

Consider this hypothetical: you own a small commercial building in King County. You have a reliable tenant, a five-year lease, and a maintenance clause that says the tenant is responsible..