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Old 09-23-2008, 07:45 AM
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Quote:
Originally Posted by mark21 View Post
I did not locate forum with information regarding Commercial landlord-tenant regulations

I would like to buy and run commercial plaza in DR.
I have many questions regarding this subject.
for eg.
What are landlord rights if tenant is late with rent?
I heard it is very difficult to evict tenant witch do not pay rent.
Eviction process, time and cost.
Security deposit complication- Some of the commercial landlords do not deposit tenants security check for years. They just hold check in the office. Why? It makes no sense.
Also, if I would like to build new plaza in the place of the old one, Do I have to 'pay off' all of the existing businesses-even with expired lease. Is it correct? How much I need to pay to the business owner. Who will appraise it?
Commercial tenants in the DR don't enjoy the same wide range of benefits as residential tenants do...

For all other questions you MUST get a professional (lawyer) to provide actual answers on your individual case as it merits...
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