There are four music terms describing a holding back of tempo, each having its own nuanced meaning. Similarly, there are different holdback strategies in real estate transactions, which parties should tailor to the needs of their transaction.
Read MorePreparing contracts can be like using the music for a performance. Like musicians are expected to perform from memory even when it does not serve them well, contracts include boilerplate language which does not add to the contract’s purpose.
Read MoreDrone is a musical term which refers to a single note (or notes) which is played continuously throughout a piece of music. A drone note also can be used as a music education tool to help with intonation. Another type of drone, which does not involve music, has also been in the news. From package delivery, to search and rescue operations , to real estate inspections , unmanned aerial vehicles or UAVs, also called drones, have become mainstream.
Read MoreLike many violinists, I have a weakness for accessories. Not fashion accessories like scarves and handbags, but violin accessories like mutes, shoulder rests , rosin , humidifiers, metronomes , and chinrests. Real estate can have “accessories” too. A homeowner may construct a gazebo or storage shed to “accessorize” their home. Owners of an apartment complex might construct carports or a swimming pool, or a restaurant may construct an outside covered pavilion for summer outdoor dining.
Read MoreOn June 21, 1893, at the World’s Columbian Exposition in Chicago, more than 2,000 people gathered for the opening of the world’s largest Ferris Wheel. After George Washington Gale Ferris, Jr., designer of the wheel, and other dignitaries gave speeches, and the fifty-piece Iowa State Band played patriotic tunes, the wheel was started for the first time, belying the background story.
Read MoreAcquiring commercial real estate is a lot like an orchestra in that purchasing real estate consists of purchasing many more assets than meets the eye. When you buy commercial real estate, you know you are getting the land and buildings. Yet, as with an orchestra, there are leases, contracts, personal property and intellectual property, which also may be part of a real estate acquisition.
Read MoreMy cats have “contributed” to my articles by walking across my keyboard as I work. I was less thrilled with the cats when one left a dead mouse as a present on my stairs. A recent Kennedy Center audience might have appreciated my cats’ hunting skills. In addition to music from the National Symphony Orchestra, “entertainment” was provided by a mouse in the concert hall.
Read MoreThe conductor asked each first violinist to swap his/her violin with one of the second violinists’ instruments. The conductor then had the students play with the borrowed violins. This raises an interesting legal question: If one of a first violinist’s expensive instruments had been damaged, who would be responsible to pay for the repairs? A similar question currently is in front of courts where real estate owners have brought trespass suits against the developer of Pokémon Go.
Read MoreIn the mid-twentieth century, some of the nation’s concert halls experienced financial challenges and fell into disrepair as the orchestras they incubated moved on to other performing locations.Although Philadelphia's Musical Fund Hall was not demolished, it no longer hosts concerts. Rather, in 1981, a developer purchased Musical Fund Hall and redeveloped it as condominiums.
Read MoreAn advanced musician will read the music by scale and arpeggio patterns that the musician has been practicing for years. People reviewing real estate contracts may act like advanced musicians. They may become so accustomed to certain contract clauses that they may breeze through them, thinking they are "standard boilerplate.” In this article, we will discuss “boilerplate” clauses that describe how a contract is signed and delivered.
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