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What does air mean in commercial real estate?

Air rights refer to the empty space above or around a building on a specific lot that may be used for development.

What are C.A.R. forms in real estate?

C.A.R. Standard Forms are developed by the C.A.R. Legal Department which gathers input from real estate professionals and attorneys to create user-friendly, comprehensive, and dependable forms.

What are the key elements of a commercial contract?

Four Essential Elements of a Commercial Contract offer. acceptance. consideration. the intention to create legal relations.

What is a commercial contract?

Commercial contracts are agreements regulating business relationships between individuals or businesses where they agree to perform some actions or refrain from doing others. Commercial contracts are usually in writing, but they can also be verbal.

What is air in real estate?

Air rights refer to the empty space above or around a building on a specific lot that may be used for development.

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