|
The Commute |
|
Concerned about the growing traffic problems in North Texas? Then let your voice be heard.
|
|
The North Central Texas Council Of Governments will hold a meeting to educate, inform, and seek input from the public on transportation issues in our region. It is on December 18 at the Parr Library in Plano at 6:30 PM. The Parr Library is on Windhaven Parkway at Midway Road just west of The Tollway.
|
| The Lingo
"Recapture" |
 |
|
Recapture is a term for the landlord's right to void a tenant's lease for all, or a portion, of the premises in order to prevent a sublease or assignment.
I saw this happen the day before a business sale was expected to close. If the business has no place to conduct business or if they have to move, the business is no longer has the same value. In this case, the landlord terminated the lease and offered a new lease at a 25% higher rental rate. The buyer accepted that deal, but took the same dollar value out of the purchase price of the business.
If you know of someone thinking of selling or buying a business, please tell them to read the lease carefully - especially the sublease and assignment language. Or better yet, have them contact Reata for a free lease review.
For other real estate terms, see the Glossary in Reata's website. |
Remember when there was a local eatery, a place where you had breakfast, business lunches or gathered on the way home?
Business often goes to the first person to answer the phone. That's one reason why we only give out our mobile phone numbers at Reata. We want our clients to reach us on the first try if possible. 
You place a "button" on your website and in emails which says "talk to me now." When visitors to your website or recipients of your email clicks this button, realPING directs them to a webpage branded to you which asks for their phone number. Once they enter their number, their phone rings three seconds later and announces that the system is connecting with you. The system then calls your designated number and connects the two of you. It's that simple.
