As a business owner, a significant part of your operations is where your business is located and what the actual building is like. After all, it’s imperative to your company to ensure you’re in a prime location and the building is up to standards to attract customers and clients, ensure your employees have a great workspace, and reflect the values of your business. However, trying to navigate a commercial real estate purchase on your own is incredibly complex, as there are many complexities and nuances that must be considered in this area of law. As such, the following blog explores how an Austin, Texas purchases & sales attorney can help you. You’ll also learn how to make the best decision for your needs.
How Can a Lawyer Assist in a Commercial Real Estate Purchase?
When you own a company, you have many considerations you need to make on a daily basis to ensure operations run smoothly. As such, making complex decisions regarding your commercial real estate needs can create additional stress. Luckily, an attorney can help guide you through this process to ensure you make the most informed decisions for your needs.
For example, an attorney can help you decide what property is best for you, based on local zoning laws, and whether it’s better for you to rent or purchase a property. Similarly, they will walk you through your financing options, insurance, and payments while helping prepare the necessary documents. If you plan on leasing the space, they will review the agreement to ensure it’s fair and that you understand the terms and conditions before signing. If purchasing the building, they can fight for a reasonable price by negotiating on your behalf.
Additionally, an attorney can assist if you have any issues regarding the transaction or disputes between you and the landlord if you are renting.
How Do I Choose the Best Lawyer for My Needs?
When looking for a commercial real estate transaction attorney, it’s important to carefully consider your options.
Unfortunately, many attorneys offer a wide variety of practice areas. While this is helpful, for something as complex as commercial real estate, it’s imperative to look for an attorney who specializes in this process. The laws surrounding issues like zoning and due diligence can be complex, so having someone who focuses on this area guide you through the process ensures you receive the best advice possible.
Additionally, taking experience into consideration is critical, as it shows the firm or attorney has the necessary background to handle your case with care. Unfortunately, choosing a firm that has only handled a few commercial real estate purchases can have unfavorable outcomes for your business.
At Dillard Property Law, LLC, our firm has two decades of handling commercial real estate transactions. That’s why we’re equipped to handle any issues or complications you may have with your case. Our dedicated team is ready to help you through these complex times. Contact us today to schedule a consultation with a member of our firm to discuss the details of your circumstances.
