Buying and selling commercial real estate is a major process that requires a clear understanding of everything involved in these transactions. Certain laws and requirements must be met by both seller and purchaser in order to ensure the transaction is legal and binding. It takes years of experience in the field of real estate law to fully grasp the nuances of the process and feel comfortable making the transactions. That is why it is important that you hire an experienced real estate law firm to handle your commercial real estate buying and selling opportunities.
At Massey, Stotser & Nichols, we represent individuals, along with corporate clients, in Birmingham, Alabama, in all matters associated with commercial real estate. Since establishing our practice in 1977, our commercial real estate lawyers have been instrumental in guiding thousands of clients through the closing process.
We prepare and file all necessary documents, review buy/sell agreements, and negotiate commercial real estate contracts. Our real estate attorneys advise clients on 1031 exchanges to protect equity investment gain. We even attend the closing to ensure that all of the planning that went into the real estate transaction results in the successful purchase of a retail property or other commercial office building.
Real estate laws are as ever-changing as the fluctuating commercial real estate market. and is accompanied by the possibility of litigation or other suits if everything is not done according to state and federal regulations. The purchase of an office building, retail property, or other commercial space in Birmingham, Alabama, is a major investment, and utilizing the services of an experienced real estate attorney helps protect that investment. Here are some of the main reasons why you should hire a law firm that specializes in commercial real estate transactions.
Protecting your investment
In a business transaction, everyone is looking out for their own interests. With a commercial real estate investment, it is wise to have someone with years of experience in real estate law looking out for your best interests. Making sure the contract is drawn up correctly and fairly as well as ensuring that the agreement is followed as written are two critical parts of making the purchase or sale. Your attorney will make sure that the agreement is fair for you.
Paperwork and contracts get done
There are so much paperwork and so many documents associated with a commercial real estate purchase that it can feel as though you are drowning in papers. It can also be difficult to wade through them if you do not understand what you are reading. Your attorney will make sure the contracts are fair to all parties, as well as that the proper paperwork is finalized and filed.
If you are a business owner looking to purchase an available retail property or to sell an existing building or lot, you probably do not have a lot of time to look over contracts and real estate agreements. Allow your attorney to work diligently on the sale and keep you updated on the status of your transaction.
MSN Attorneys know what to expect
In almost everything that requires a contract or negotiations, there is bound to be something unexpected that will pop up and need to be taken care of immediately. A commercial real estate attorney will know exactly how to handle the situation, keep a cool head, and continue to protect your best interests as their client.
Making a business transaction for a building, office, and retail properties that are available can be very stressful, especially without an experienced lawyer to handle all the aspects of the sale. An attorney will know your rights as a buyer or seller, be able to protect your money (especially if the prices on properties are too high), and give you peace of mind knowing that everything is under control. When you are not under the stress of the transaction, you can continue to successfully run your business and enjoy the excitement of your purchase or sale.
If you are looking to buy or sell a commercial building, office, retail properties, or any other commercial space, our MSN real estate legal team’s expertise and experience can help complete the transaction smoothly.
We are ready to discuss your upcoming real estate sale or purchase.
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