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What could go wrong during commercial real estate transactions?

by | Feb 10, 2017 | Commercial Real Estate

If you’re an experienced property owner or you’ve been in the commercial real estate business for years, you might be able to navigate some of the legal and financial waters without assistance. That doesn’t mean that experienced backup or help isn’t important as you deal with commercial real estate transactions. Here’s a look at just some of the things that could go wrong as you buy, sell or lease property.

Some one else involved in the deal could be dishonest or unethical. You can understand all the requirements for a deal and still be unprepared for someone to purposefully swindle you. Having an experienced legal professional on your side helps keep you protected and ensures you have options for seeking reparation if someone engages in dishonest dealings.

Even if everyone involved is on the same page and being open about everything, legal details can derail progress just when you get going. Our firm is experienced in dealing with land use and zoning issues, and we can help you ensure all federal, state and local laws are likely to be met before you commit yourself to any real estate deal.

Another type of dispute that can arise after you sign a contract is a title dispute. What if the person selling the property doesn’t actually own it — this can happen without the seller even being aware of the problem. Most people who’ve dealt with real estate issues in the past know about title search requirements, but we can help you sort out any issues that come up from those searches. Working with a business law attorney helps you protect yourself and grease the wheels for a more satisfactory real estate transaction.

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