Buying and selling commercial real estate is something to not take lightly. Before taking the big step, always speak with a real estate attorney Phoenix for assistance. Being prepared is important and an attorney will let you know what to expect. Plus, you can always ask any questions you may have, knowing that they will always be keeping your best interest in mind.
What is Commercial Real Estate?
Commercial real estate is considered any deal with real estate property regarding business such as leasing a space, building a new building or selling existing property. Buying or selling real estate is a major financial transaction that needs to be taken into deep consideration. Before signing any documents, ensure you are protected with legal advice from a professional attorney that specializes in real estate law. Paperwork, time and negotiations are all involved in a commercial real estate deal. With a real estate law attorney on your side, you will be able to go through the process with less stress and doubt.
Facts When Buying Commercial Real Estate
If you are looking for a new place for your business, you want to make sure that you are not getting a bad deal. First off, you are going to need enough cash for a down payment, so before anything, make sure you have enough. Next, you want to consider the location for your real estate. Once you find the perfect place it is time to deal with all of the documents and legalities surrounding purchasing commercial real estate. Working with a real estate law attorney can help you with reviewing all contracts, dealing with negotiations, assisting that all paperwork is in place and that you are being protected in the deal.
Facts When Selling Commercial Real Estate
When it comes to selling commercial real estate, you also want to work with a real estate law attorney. You will need to get your property evaluated and a property value will be determined. An attorney will be able to protect you during the process and prove that your numbers and the evaluation is credible. Your attorney will also assist in negotiations, reviewing contracts and ensuring that you are getting the best deal possible for your commercial real estate.
Why Use a Real Estate Lawyer?
There are many risks involved when buying or selling commercial real estate, which can lead to legal disputes. A real estate law attorney will be familiar with dealing with these situations such as zoning violations surrounding the property, environmental hazards on the property, restrictions on the property that could limit use, changes to any terms or conditions, issues with the titles and real estate taxes.
Murphy Cordier PLC
For a knowledgeable and trusting Arizona real estate attorney, Murphy Cordier PLC will be on your side through the entire process of either selling or buying commercial real estate in Arizona. At Murphy Cordier PLC, you will be working with a law team that specializes in real estate law and knows all about selling or buying commercial real estate. From reviewing your contracts to ensuring that there are no issues with the deal, your attorney will always be looking out for you and your business.