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Real Estate/Development

Jul. 2, 2000

FOCUS ON REAL ESTATE LAW

By Dan Malcolm The days of doing business on a handshake are long gone. This applies especially to the commercial real estate industry, with its multitude of detailed and intricate documentation, disclosures and contracts. The 10-page standard AIR lease and purchase forms traditionally used in commercial real estate transactions are being largely replaced with more diverse, complex and lengthy contracts.

By Dan Malcolm

The days of doing business on a handshake are long gone. This applies especially to the commercial real estate industry, with its multitude of detailed and intricate documentation, disclosures and contracts. The 10-page standard AIR lease and purchase forms traditionally used in commercial real estate transactions are being largely replaced with more diverse, complex and lengthy contracts.
The new breed of legally savvy owners, such as REITs and la...

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