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Commercial Real Estate

Commercial Real Estate Purchase Agreement

Michigan

Asked on Mar 7, 2022

What is the average Indemnity CAP a seller should quote , for a Hospital Setup

What is the average Indemnity CAP a seller should quote , for a Hospital Setup. We are giving away our hospital of 200 beds to investor

1 Attorney answer

Answer

Commercial Real Estate

Michigan

Answered 202 days ago

David H.

ContractsCounsel verified

Business Lawyer
Licensed in Michigan
Free Consultation

Hello, my name is David hatch I am a Michigan license attorney. This question has several nuances to it. An investor is taking it over, it sounds like you're giving it to them but it's also being sold? That is unclear. It would be helpful to understand what type of indemnity the investor is seeking. It really depends upon the value of the property and the risk involved in the deal. Please let me know if you like additional assistance beyond this. I can help you out. Attorney Dave.

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