Commercial Real Estate Pro Network
BIGGEST RISK with Josh Bauchner
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:02:00
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Synopsis
J Darrin Gross I'd like to ask you. Josh Bauchner, what is the BIGGEST RISK? Josh Bauchner Well, the biggest risk here is getting sued by one of these serial plaintiffs, with one of these attorneys who's just in it for for the fees. To answer your question, I think ADA compliance planning, bringing in one of these testers, like we discussed, to assess the premises and make any determinations as to what's not compliant, then do an assessment as to what the cost would be to potentially bring it into compliance. Is it something that you could readily do, putting up the handlebars in the bathroom stall, for example, perhaps changing the front entrance door to provide handicap accessibility, or is it cost prohibitive? If the bathroom is downstairs and you can install an elevator, there's really no way around that to gain access. And then the challenge becomes with respect to shifting that burden, the landlords are doing that right. So in most lease agreements, most commercial lease agreements, the landlords are