Almost every purchase and sale agreement will require two separate negotiations: a letter of intent and a detailed purchase and sale agreement. The letter of intent can be made non-binding, but even if this is the case, once it is in writing, it is a key player in the continuing negotiations and formal purchase agreement documentation. A mistake or oversight made during the initial "negotiation" or letter of intent stage can lead to problems later in the process.
As contractors may expect referral fees in connection to construction projects, it benefits project coordinators and property owners to be aware of industry standards. Sales commissions and referral fees and working standard percentages...is there an across the board standard? Paying appropriate/fair commissions and referrals may serve as an attraction for potential business, while inappropriate or substandard rates could hurt business.
The Constitution allows the government to "take" private property if it is needed in order to complete certain types of public projects. They do so through formal condemnation proceedings. Projects that can result in this type of action are widening of public roads/freeways, the building of public transportation systems, etc. This "right to take" is established by the 5th Amendment and Article 1, Section 19 of the California Constitution. The official term for this type of action on the part of a government agency is eminent domain.
Do you know how to obtain zoning grants and permits? Do you know how to navigate the complex regulations connected to the process? Both zoning and permitting are controlled by governmental agencies. The processes are intended to provide them with control of the use of the building/property and land and to aid in the organization of the process of project development. In addition the zoning and permit processes are useful in overseeing projects to ensure that projects are developed safely for both the individuals involved and the surrounding environment. Sadly, in many cases, the complexity of the process will often result in delays to real estate projects under development due to denials/delays in obtaining zoning grants or permits.