Benefits of an Attorney in a Commercial Real Estate Deal
You should never enter into a commercial real estate deal without the help of a lawyer. Once you sign your name on the agreement, you have entered into a contract that binds you, even if there are unfavorable terms. Below are ways an attorney can help with your transaction.
Negotiating the Deal
A commercial real estate transaction has many terms, each of them giving you legal rights or obligations. When you are handed a contract or draft terms, it is merely the opening of what could be a lengthy negotiation. When there is so much at stake, you can be assured that many clauses will be the subject of a back-and-forth. Your lawyer can negotiate directly with the other side to get you the most reasonable terms possible.
Reviewing the Contract Language
Each commercial real estate transaction could have a contract that spans hundreds of pages with even more in annexes and appendices. One misplaced word or comma could have a significant impact on you in the future. Your lawyer will review the entire contract to spot areas that could affect your legal rights.
Dealing with Contingencies
Issues can arise in a commercial real estate deal that need to be addressed. It happens with almost every deal. You could learn about something that might affect your rights and obligations, and an attorney would help you discover those issues and work out solutions with the other side.
Protecting Your Legal Interests
Your attorney is here to look after you and ensure that you are safeguarded. They are always thinking about what could go wrong for you in the future and trying to protect you from it. While some may call this paranoia, this is exactly why you hire a lawyer.
Contact a Boca Raton Real Estate Lawyer
When you are involved in a commercial real estate transaction, you can trust the experienced professionals at Rubino Findley PLLC to look out for your interests. Contact us today online or call us at 561.220.0741 to learn how a Boca Raton real estate attorney can help you.