Arnold Heller's Legal Insights
Purchasing a Condominium Unit in Pennsylvania: What to Look For
March 22, 2017 By Arnold Heller Purchasing a unit in a condominium is not the same as purchasing a single family, detached house. When purchasing a newly constructed or to be constructed condominium unit in Pennsylvania, there are certain matters that purchasers should be aware of. A few of those are listed below. New Unit […]
Right of First Refusal – Don’t Take It Lightly
September 9, 2015 By Arnold Heller, Esq. It is not unusual for a landlord to grant a tenant a right of first refusal to purchase the landlord’s property if the landlord decides to sell. While this may be just the additional incentive needed to persuade a prospective tenant to sign a lease, rights of first […]
When Letters of Intent are Involved in Litigation
A letter of intent (LOI) is a document which states proposed terms for a final contract. Depending upon what is written, an LOI may be categorized as “binding” or “non-binding.” This is often the threshold issue in litigation concerning letters of intent – whether or not the LOI may be considered to be a binding […]