Buying a commercial property is a big investment that can also be a very complicated process. That’s why it is in your best interest to hire an attorney. A commercial real estate attorney can help you with buying, selling, developing or leasing property that is used for business.
When you hire an attorney who knows the ins and outs of commercial real estate law, you have someone in your corner to help you safely complete deals, protect your interests from litigation, and represent you should a dispute arise.
How can a commercial real estate attorney help me?
An attorney versed in commercial real estate law can help you with the following:
Handling the contract: Once the seller draws up the contract, your attorney will look it over. They will make sure that the terms are fair and in line with your expectations. If anything needs to be clarified or renegotiated they will assist you with that as well.
Negotiating on your behalf: Instead of having to negotiate things on your own, your attorney will do that on your behalf. Chances are the seller has their own attorney advising them. Your attorney can hold their own with the seller’s attorney, and point out any pitfalls you may be facing with this purchase.
Bringing their expertise to the table: A commercial real estate attorney can help you navigate zoning laws, compliance issues and boundary disputes. They can also ensure that any inspections performed on your property are fairly and properly conducted.
When you are planning to purchase a commercial property, you want someone who understands your rights to assist you. This can help to make the process easier and faster than it would be if you try to do it on your own.