Commercial Real Estate Transactions
Commercial real estate is that which produces income. For instance, if you own a two-family home that you do not live in and use to rent out to year-round tenants would be considered “income producing” because the rent is income. Buyers of these types of properties (usually in residential closings), will still need to notify the Bulk Sales Division. Otherwise, commercial real estate transactions concern commercial entities buying, selling, and leasing property for commercial purposes. While the law is protective of residential tenants and parties, it allows greater leeway in commercial real estate transactions for sophisticated parties to negotiate terms between themselves. Inspections are not typically simple walkthroughs with write-ups, but include three (3) phases of superficial, invasive, and government investigations. In addition to the obvious environmental hazards present due to oil tanks, what if your business is purchasing a parcel that housed a chemical supplier?
Letters of Intent
LLCs and Operating Agreements
Joint Ventures
Fix-and-Flips
New Construction
Bulk Sales
Landlord-Tenant Disputes
Contact me
Whether its investment, business, redevelopment, fix-and-flip, wholesale, or new constructions, speak with an attorney who can protect your assets. If you’d like to schedule a consultation, use the button below to contact me today.