{"url_path":"/sec/gipr/10-q/2026/item-1","section_key":"item-1","section_title":"Item 1 Legal Proceedings","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1651721/0001193125-26-227255-index.html","accession_number":"0001193125-26-227255","cik":"0001651721","ticker":"GIPR","issuer_name":"GENERATION INCOME PROPERTIES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1651721/0001193125-26-227255-index.html","primary_entity_key":"0001651721","primary_entity_name":"GENERATION INCOME PROPERTIES, INC."},"word_count":171,"has_tables":true,"body_markdown":"## Item 1. Legal Proceedings\n\nFrom time to time, we may be party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of our business. We are not currently subject to any lawsuits, claims or other legal proceedings, except as described below.\n\nOn or around March 27, 2026, the Company’s operating partnership (Generation Income Properties, L.P.) and David Sobelman, the Company’s President and CEO, were sued in Alabama Circuit Court by Chase Commercial Realty, Inc. in a collection action under a promissory note issued by the operating partnership and under personal guaranty by Mr. Sobelman relating to an unpaid brokerage commission payable to the plaintiff. The plaintiff is seeking the amount of the promissory note ($332,000) plus interest, late fees, and attorneys’ fees. The Company acknowledges that the promissory note is due, and the Company has accrued a liability for the amount due. The complaint in the matter has been answered with affirmative defenses and the plaintiff has filed a motion for summary judgment, which is pending."}