Are you dealing in real estate or are keen on investing in commercial properties, then you should know about the assistance of commercial real estate lawyers. These lawyers perform several important duties, and in this blog, we will highlight the details of the same. They work on the transaction between two parties, check the agreement, and much more. In this blog, we will cover some of the key aspects of commercial property lawyers and their key assistance.
Key Services Offered By Commercial Property Lawyers
- Zoning laws– When dealing with residential properties, you don’t have to think much about zoning. Still, when it comes to commercial properties, you have to consider zoning. As a non-specialist, it would not be easy for you to be well-versed with such laws and their aspects. Still, a commercial property lawyer has to deal with such work quite often, and hence, it becomes important to hire them. Zoning laws revolve around the use of the property for various purposes. The commercial real estate attorney will assist in rezoning, variance applications, appeal, injunctive relief etc.
- Commercial lease- Commercial property lawyers are well-versed in drafting agreements and contracts. They will have an eagle eye while reading the agreement and will also professionally draft the lease agreement. When dealing with agreements and contracts, there is little or no scope of error. A professional commercial real estate attorney will be conversant with all aspects of agreement formation and comprehension. Hence there will be no scope for error.
- Real property rights and land use- Property rights are almost similar to that of zoning. Still, additionally, it also incorporates the environmental regulations and laws, getting the permit, and also disputes with the neighbouring property owners. Sometimes the land may be disputed, and only a professional and skilled property settlement lawyer in such a situation. In addition, to have an understanding of the legal aspects of commercial property, these lawyers also have good negotiation skills. This results in being helpful in settling down disputes, especially when you have to represent your case in the court of law, or even if you are willing to settle out of court.
- Real estate development law– Developers may need commercial real estate attorneys to understand real estate development law in-depth. They know about land use and municipal zoning laws and also help in property development. The lawyer will ensure that you don’t miss any legal regulations that can put you under the legal gauge.
- These are some of the key services commercial property lawyers offer. Still, their services are not merely limited to these services. They also provide additional services, which include:
1. Handling landlord-tenant disputes
2. Nuisance laws
3. Breach of contract
4. Deeds and covenants
5. Regulatory requirement
6. Condo associations
7. Incentive agreements
8. Eminent domain
Not only this, commercial property lawyers are also responsible for performing the underlying duties-
- Contracting drafts and amendments.
- Representing clients in courts.
- Doing negotiation on behalf of clients
- Examining and approving mergers and acquisitions.
- Drafting required legal papers
- Assisting clients through the legal procedure
- Writing commercial reports
- Anticipating clients’ legal worries
Summing up
From the above discussion, we can conclude that commercial property lawyers have a diverse role. Only a skilled lawyer will provide you with all the necessary assistance. So, you must always emphasize choosing a well-versed lawyer who is well aware of the commercial property laws and can provide you with the right assistance according to your needs. Always emphasize choosing an experienced and reliable lawyer. You can either hire a lawyer or avail the services of legal firms specializing in commercial property laws. But the bottom line is that a professionally qualified and competent lawyer will always be an asset to you.
