Investing in Commercial Real Estate, entering into a Commercial Lease or buying a home is most likely one of the biggest decisions you will make. There are various issues that can potentially arise and put you or your business at risk, but fortunately, this doesn’t need to be the case. You can hire a Portland Real Estate Lawyer who will guide you through every step of the legal process and business decision. That’s not all. The Real Estate Attorney can help you understand the material terms and negotiate the transaction in your favor while also protecting you from any contract clauses or unknown issues that may lead to future lawsuits.
How Lawyers Help with Real Estate
Having a Real Estate Lawyer advise you when purchasing or selling a commercial or residential property will help you get the best deals, bulletproof contracts, and more importantly, give you the peace of mind that the deal process will run smoothly. The lawyer will read through all the documents and check to see if your requirements are being met. If this is the first time you are dealing with real estate investments, you will likely be surprised by how tricky it can be to prepare purchase and sale contracts, including Asset Purchase Agreement or Stock Purchase Agreements. This is another scenario where the counsel of an attorney will help you come out on top. The attorney will carefully draft the contracts and negotiate to ensure the material terms are in your favor.
The process of purchasing a property is more complicated than simply agreeing on the terms and making the payment. Both the buyer and the seller need to prepare special documents, review title insurance reports, and other paperwork required to make the transaction binding. Hiring a real estate lawyer to do all of this is the best decision you can make. The lawyer will draft the contracts, perform additional due diligence on the property, and make sure that the transaction is completed without incident. In addition, a lawyer will go over all the paperwork required for special forms such as the HUD-1 Form, for example.
Another specialty of real estate lawyers is their ability to help with property transfers. The lawyer knows every step of the process and will ensure that the property transfer is made according to your state’s specific laws. If you are planning to purchase or sell commercial property, you need to take into account that there’s a new set of state taxes that need to be paid if you or your entity are the sole owner. This all can be made simpler by choosing to work with a team of experienced professionals who will guide you.
In some states, it’s required to have a real estate lawyer present when closing a deal. If your state requires it, both the seller and the buyer will benefit from legal support. The reason why you should have a real estate lawyer present even if it’s not required by state law is that legal counsel will act as a safeguard from any issues. In addition, you and your family will know that your investments are protected by bulletproof contracts and clauses that represent your best interests.
Acquisitions, Dispositions + financing
Asset Purchase and Sales Agreements
In addition to representing buyers, sellers, lenders and other parties to all types of real estate properties, we handle the real estate aspects of larger transactions, such as acquisitions and dispositions of businesses (divisions, subsidiaries or entire companies) and real estate due diligence for business transactions.
We handle a wide range of financings and refinancing.
Leasing, Property Management + landlord/tenant matters
We prepare and negotiate a variety of commercial leases for both landlords and tenants. As part of our leasing and financing work, we handle subordinations, non-disturbance and attornment agreements and all other facets of the leasing transaction. We also have represented property managers in commercial leasing transactions.
Commercial Real Estate (CRE) Financings, Acquisitions and Dispositions: We have substantial experience in every aspect of commercial real estate, including acquisitions and sales, financing, development, land use, construction, leasing and property management.
Commercial Real Estate (CRE) Leases, Lease Negotiation, Preparation and Review
Deed Transfers
Co-op and Condo Representation
Commercial Bank and Private Lender Representation
Construction and Development: we handle numerous issues related to construction and development, including construction contracts, restrictive covenants, easements, operating agreements, environmental and land use issues, professional service contracts and consulting agreements.
PURCHASE, SALE, defense + modification SERVICES
Transaction Structuring and Negotiation
Due Diligence
Asset Purchase Agreements
Closing and Post-Closing Obligations
Bills of Sale and Bulk Sales Cooperation
Employment Matters and Intellectual Property Assignments
Foreclosure Defense and Mortgage Modifications
1031 Like-Kind Exchange Facilitation
Tax Reductions and Short Sales