Ready to Protect Your Interests
When it comes to a commercial real estate transaction, there are plenty of things that can go wrong. From a seller failing inspection to a buyer backing out at the last minute, real estate can be a difficult world with many legal complexities to navigate. With the help of a commercial real estate lawyer in Chicago, you may be able to avoid some of the many pitfalls that add stress while delaying the process of buying or selling. Whether you are looking to build a new site for development purposes or purchasing a new location to transform into a flagship site, working with a Chicago commercial real estate attorney ensures that someone is fighting on your behalf during all real estate transactions. An experienced commercial real estate lawyer in Chicago helps clients reach the desired outcome on real estate matters while minimizing additional stress.
How Can a Commercial Real Estate Lawyer Help You?
There are several ways commercial real estate attorneys may be able to help you. For starters, a real estate lawyer will ensure that all of the necessary forms, permits, and zoning credentials required for commercial spaces are covered based on your needs. Commercial real estate attorneys also work with clients to handle real estate matters related to inspections and closing when buying or selling commercial real estate. Best of all, an experienced commercial real estate attorney will be able to answer your questions while fighting on your legal behalf for the best possible outcome. If you are selling or buying a commercial property, commercial real estate attorneys assist with matters such as titles, lease purchase agreements, mixed-use properties, escrow agreements, and other relevant legal concerns. Commercial real estate attorneys act as their client’s advocates while providing legal counsel tailored to the scenario of the transaction.
Can a Commercial Real Estate Lawyer Assist with Site Development?
Even with how vast and dynamic the real estate market is for commercial properties, there will be times when building a new commercial property instead of buying an existing one makes the most sense. When you need to build a new commercial property, a real estate lawyer may be able to help you navigate the red tape and requirements of a build. There may be instances where you purchase a commercial property that is already built but in need of major expansion into adjoining lots or land. An experienced commercial real estate attorney will be familiar with both buying and selling real estate and site development of this nature. It is not uncommon for businesses to purchase land for development purposes. With the help of a real estate lawyer familiar with both real estate law and site development law, making sure everything is in order becomes a bit easier.
Can a Real Estate Lawyer Handle Dispute Resolution?
When a dispute arises regarding commercial properties, it can quickly go from manageable to stressful without the right legal counsel on your side. While most people think commercial real estate lawyers in Chicago only deal with the transaction of buying or selling property, the truth is that this type of lawyer handles a wide range of legal issues as they pertain to commercial real estate, including dispute resolution. Disputes can include matters such as evictions, voluntary and involuntary liens, permitting, variances, and a myriad of other issues. When facing a dispute, coming to a timely and agreeable resolution is of the utmost importance. From delays in scheduling to lost financial capital, disputes can be a costly occurrence. Experienced commercial real estate lawyers may be able to provide dispute resolution to ensure your best interests are protected.
Do You Need a Lawyer for Commercial Real Estate Transactions?
While you may not be required to work with commercial real estate lawyers, it is strongly recommended. Many people assume that because they are working with a real estate agent, their best interests are protected. However, working with a real estate agent and a real estate lawyer will ensure that you are protected from every possible legal angle. A lawyer has a more in-depth understanding of commercial real estate law overall, including regulations and requirements, which allows for fewer issues both right now and down the road. A lawyer will also be able to help with legalities that a real estate agent does not have the authority to handle for their client. With something as costly as commercial real estate, it is best to have as much protection as possible, which is why many businesses work with both an agent and a lawyer during commercial real estate transactions of buying or selling.
Get Legal Help Today
Whether you are buying or selling commercial real estate or you are dealing with disputes or litigation, working closely with experienced commercial real estate lawyers can save you hassle, time, and money in the long run. From construction contracts and loan documents to evictions and purchases, a lawyer with over 30 years of experience serving the Chicago area and its commercial real estate needs is always the right choice. Contact our law firm at 773-232-6643 to get started today with an initial consultation. You deserve aggressive legal services at all stages of commercial real estate transactions. Call our trusted firm for an initial consultation to see how an experienced counsel may be able to help.