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What is the Role of a Real Estate Attorney in Commercial Transactions?

  • Writer: Dave Sanders
    Dave Sanders
  • Oct 4, 2024
  • 3 min read

Updated: Oct 14, 2024

When it comes to commercial real estate transactions, having an experienced real

estate attorney by your side is invaluable. These transactions often involve

sophisticated parties, intricate details, and significant sums of money, sometimes

amounting to millions of dollars. Whether you’re leasing new office space, purchasing a

property, or embarking on a construction project, a real estate attorney plays a crucial

role every step of the way.


1. Crafting a Tailored Contract

One of the most important roles of a real estate attorney in a commercial transaction is

to create a contract specifically suited to your needs. Commercial real estate contracts

are not one-size-fits-all; they need to be carefully tailored to reflect the unique aspects

of the transaction. Unlike real estate agents, who are limited by law in what they can

and cannot do, only an attorney can provide legal advice and prepare an agreement

that is best suited for your specific situation. Our attorneys work side by side with agents

to protect your interests, ensuring that your contract is not only legally sound but also

aligned with your business goals. From purchase agreements to lease contracts, having

a well-drafted contract is the foundation of a successful transaction.


2. Negotiating Key Terms

Negotiation is a critical aspect of any commercial real estate transaction. A skilled real

estate attorney can assist in negotiating the key terms of the deal, ensuring that you get

the best possible outcome. Whether it’s the purchase price, lease terms, or specific

contingencies, an attorney can leverage their knowledge and experience to secure

favorable terms that meet your objectives. They also help navigate complex legal issues

that may arise during negotiations, protecting your interests and reducing the risk of

disputes down the line.


3. Ensuring Due Diligence

Due diligence is a vital step in any commercial real estate transaction. This process

involves thoroughly investigating the property to ensure there are no hidden issues that

could impact its value or usability. A real estate attorney will assist in reviewing title

reports, zoning laws, environmental assessments, and other critical documents. They

ensure that all necessary inspections and evaluations are conducted and that any

potential risks are identified and addressed before the transaction is finalized.


4. Handling Construction and Development Issues

For those involved in commercial construction projects, a real estate attorney is

essential in navigating the complexities of construction contracts, general contractor

supervision, payment and lien issues, and permitting. They can also assist with green

certification applications, ensuring that your project meets environmental standards.

Whether you’re renovating an existing space or building a new facility, an attorney helps

manage the legal aspects of construction, minimizing delays and disputes that could

disrupt your project.



REBLAW: Your Partner in Commercial Real Estate

At REBLAW, our attorneys have a wealth of experience assisting clients with their

commercial real estate needs. We’ve worked with a diverse range of clients, including

tech companies, startups, medical professionals, non-profits, trade organizations,

Fortune 500 entities, and mom-and-pop businesses. From leasing to purchasing

existing space, to renovations, and even new construction, we provide the legal

expertise needed to ensure a smooth transaction while minimizing business disruption.

If you’re planning a commercial real estate transaction, don’t leave anything to chance.

Contact the experienced attorneys at REBLAW today. We’re here to guide you through

every step of the process, providing the legal support you need to achieve your

business goals with confidence. Let us help you navigate the complexities of

commercial real estate so you can focus on what matters most—growing your business.

 
 
 

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