Legal Considerations for Your Missouri Leasing Business: What You Should Consider Now, Later, and Throughout the Process

For many folks, the thought of extra income from leasing commercial or residential real estate is quite attractive and straightforward:

1. Buy property,
2. Get tenant, and
3. Collect rent.

As many brokers and managers in the industry will tell you, it doesn’t always work out that way. Real estate leasing is a risky business. There are countless ways for your business to fail and end up not as a benefit to, but drain on your finances.

As with any business timely and thorough preparation is critical to managing these risks and giving you the best shot at success. In this multi-part series of monthly posts, our real estate group will highlight some of the common legal considerations for you and your leasing business.

Below you can also find a list of future topics we’ll cover in this series. Links will be available when each topic is posted:

Introduction
Part 1: Do I Need a Legal Entity?
Part 2: What Type of Legal Entities are Available?
Part 3: Tax Treatment Considerations When Selecting Your Entity
Part 4: Your Entity’s Governing Documents
Part 5: Operational Considerations – Purchasing Real Estate – Title Insurance
Part 6: Operational Considerations – Purchasing Real Estate – Indenture Review
Part 7: Operational Considerations – Purchasing Real Estate – Loan Documentation
Part 8: Observing Corporate Formalities
Part 9: Insurance Considerations
Part 10: Drafting the Right Lease Agreement
Part 11: Litigation Considerations
Part 12: Should I Employ an Attorney to Assist my Real Estate Business?