What type of liability insurance does your lease require?

Previously we discussed whether your real estate lease includes the most current property insurance requirements. Now let’s talk about the type of liability insurance coverage your lease requires and, depending on the language in your lease, whether you actually have any coverage at all. CGL Policies. The most common risk allocation scenario is for retail Landlords
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Understanding Your Lease Requirements for Property Insurance

When was the last time you reviewed the property insurance section in your lease? Yes, it sounds incredibly boring. But, it may be necessary – READ ON. In commercial real estate leasing, landlord and tenants frequently rely on forms they have used in past transactions without giving thought to updating for terminology or more substantive
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‘Shovel ready’ land is vital to our growth

  The economy is improving in Southwest Washington. And this is creating opportunities to create jobs through new real estate development. Many of the issues that impacted development both positively and negatively prior to the recession remain. This article will address some of the key factors that will help and hinder job creation through real
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Getting Strategic with Government

  Business-to-government interactions have become increasingly more complex. These complexities manifest themselves in a number of ways. Are you a real estate developer seeking land use or environmental permits to create jobs or provide housing for a community? Are you a sports franchise seeking to partner with local government to fund a stadium or arena
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CREDC 30th Anniversary

At its quarterly luncheon, held at the Vancouver Hilton on Thursday December 13, 2012, the Columbia River Economic Development Council (CREDC) honored its founding Presidents: Brian Wolfe, Steve Horenstein, Bob Schaeffer, Carol Curtis, and Vern Peterson (pictured right from left to right) and posthumously Donna Cantonwine, Paul Grattet, and James Fowler. The CREDC, founded in
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Business Alert – Misleading Annual Report and Compliance Solicitations

Business entities should be on the lookout for misleading mailings from COMPLIANCE SERVICES and CORPORATE RECORD SERVICE. These mailing may give the impression they are from some division of the Washington Secretary of State Corporations Division – they are not. The Washington Secretary of State has issued a warning about these notices. Several of our
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HORENSTEIN LAW GROUP PLLC FORMED

For Immediate Release Contact: Ron Arp, 360.601.2991 rarp@amplifygroup.com HORENSTEIN LAW GROUP PLLC FORMED “Next generation” law firm employs client-focused technology and expertise VANCOUVER, Wash. – (January 5, 2012) – A new law firm designed to meet the demanding needs of clients in a post-recession economy has been formed by long-time area attorneys Steve and Cindy
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Dodd-Frank and Borrowers’ Costs

The Dodd-Frank Act (“DFA”), approved by Congress and the President in 2010 and effective April 1, 2011, affects almost every aspect of the U.S. financial services industry. The purpose of DFA is to restore public confidence in the financial system, preventing another financial crisis, and allowing any future asset bubble to be detected and deflated
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Development Fee Waivers in Clark County

11/19/2010: Recently, the Board of Commissioners adopted a “fee holiday” resolution, intended to encourage certain types of development in unincorporated Clark County to help stimulate job growth. This resolution waives fees for preliminary site plan review, development engineering plan review, building inspection, and fire marshal. (Transportation impact fees have not been waived, since amendments to
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Columbia River Waterfront Development is Right for Vancouver

The proposed Columbia River waterfront development is the right next step for the City of Vancouver.  Involving the transformation of 32 acres of defunct industrial land along downtown Vancouver’s southernmost riverfront property – formerly home to Boise Cascade – the multi-use project is an integral component of revitalizing the downtown core while alleviating urban blight.
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Does Your Nonprofit Corporation Need to Register With the Charities Program?

The Washington Secretary of State’s Office, Division of Corporations and Charities, is conducting a review of organizations that are incorporated in the state of Washington. As a nonprofit corporation, you may be required to file an additional registration if your entity is conducting fund-raising activities to support a charitable purpose. Washington state law requires entities
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Heads I Win, Tails You Lose: Should Developers Dissolve Their LLCs After Completing a Project?

Real estate developers typically create limited liability companies (“LLCs”) as their choice of business entity for undertaking development projects. With exceptions, LLCs limit the personal liability of the real estate developer that is the “member” of an LLC. Those making claims against the LLC while it is in existence will generally find that while they
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Urban Holding—Useful Planning Tool or An Impediment to Accommodating Growth

In both 1994 and 2004 as part of its Growth Management Plan, Clark County adopted an urban holding comprehensive plan designation as a special implementation procedure. This designation placed a “hold” on development until Clark County determined that the public facilities needed to support development were available. In 1994, the use of urban holding was
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Update on Clark County Comprehensive Plan

In December 1994, Clark County adopted its first Comprehensive Plan under Washington’s Growth Management Act. Clark County and its cities embarked on a 5-year update of the 20?year Comprehensive Plan. Although the local jurisdictions intended to complete this plan within two years, it remains unfinished with the approach of a statutory deadline for the ten?year
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