Commercial real estate transactions tend to be very complex. You are essentially dealing with different areas of the law, and you want to work with someone who understands what to do at every step of the way. With a good Houston commercial real estate lawyer, you’ll be able to take advantage of great opportunities.
Working with an accomplished commercial property law firm gives your business the best chance to maximize the value of its investment. Whether you’re buying, selling, leasing, or developing commercial real estate, you want an attorney who will protect your best interests.
The real estate attorneys at Oracle Legal Group have managed commercial real estate matters for hundreds of clients in Texas. Our team knows exactly what to look for and how to navigate Texas’ legal system. We can help you avoid costly mistakes and avoid litigation. Let us help you protect your commercial real estate endeavor so that you can focus on other aspects of your business.
What Does a Commercial Real Estate Lawyer Do?
Commercial real estate attorneys do most of the same duties as residential real estate attorneys. They help oversee transactions between sellers and buyers, review contracts, handle issues with titles, and negotiate with lenders.
The main difference between the two is that commercial real estate typically requires a deeper knowledge of a few key areas specific to businesses. The following are some of the specialized services that commercial real estate lawyers offer:
Commercial Leases
Leasing commercial properties often involve complex legal documents, which can be cumbersome and difficult to understand. Both the tenant and landlord will need an experienced attorney to review the lease document to make sure the terms are favorable for their enterprise.
Real Estate Development Law
For contractors, engineers, builders, architects, developers, and other professionals working in the commercial real estate industry, it’s important to understand the laws governing construction projects in Houston. Our team can help you obtain the necessary approvals, navigate the permit process, and help you negotiate agreements with city officials.
Land Use and Property Rights
Certain land use laws and property rights establish permissible uses of property. These laws include restrictions on deeds, easements, developments, and more. If you own property, you need to ensure it’s not subject to a law that restricts its use. This could prevent you from using it or developing it for a certain purpose.
How Can a Commercial Lease Attorney Help you?
At Oracle Legal Group, we take pride in ensuring efficient transactions to help avoid unpleasant surprises along the way when leasing, buying, or selling commercial property. We know that the numerous legal documents, contracts, and negotiations involved in commercial real estate transactions can overwhelm people with no legal expertise.
This is why we are committed to helping you every step of the way. The following are some of the ways we can help you.
Due Diligence
One of our primary goals is to protect your interests by conducting thorough research into the commercial property. This will help determine potential problems or issues that could impact the development of the property, its value, or your ability to use the property for your intended purposes
We can also help you navigate the complex Texas laws and regulations that govern commercial real estate transactions, including building codes, zoning laws, as well as environmental regulations.
Deal Legitimacy
Our real estate lawyers will also be working to make sure that all the paperwork and contracts involved in the transactions are fair, and that they accurately serve your best interests. We can help you negotiate the terms of the agreement where necessary, ensuring that your expectations and needs are concisely represented and defined in the documentation.
Avoiding Litigation
Litigation can be a huge setback for commercial real estate transactions. In many cases, they will cost you a lot more than legal fees, it could risk losing a good deal altogether. You can count on our team to leverage its decades of experience to ensure that litigation is avoided at all costs.
We have measures in place to detect and prevent potential causes of litigation and disputes, such as easement disputes, failure to disclose, development disputes, fraud, commercial lease enforcement actions, and construction issues.
Representation
In case disputes or legal issues do arise, our team can help you navigate the legal system to resolve them. We will provide expert legal advice and guidance, protect your rights and best interests under the law.
All things considered, having a commercial real estate lawyer by your side is an important step when dealing with commercial properties. The knowledge, expertise, and experience a lawyer has will help ensure a favorable outcome for you and ensure that your investment is secure.
While it might seem like an additional cost to hire a lawyer, the benefits make it a worthwhile investment.
When is a Commercial Real Estate Lawyer Needed?
If you’re considering leasing, developing, selling, or buying commercial property, we have seen why it’s important to consult with an attorney at every step of the journey. But real estate lawyers don’t come cheap. So, when do you really need to get a commercial real estate lawyer?
The following are some of the cases and situations where it would be necessary to involve one.
When you need to prepare contracts, lease agreements, and any other legal documentation involving commercial properties and third parties.
When looking to purchase commercial real estate or finance a development project yourself. This is because you’ll need to understand the intricacies of lending practices and where to find suitable financing.
Your lender might recommend or insist that you have a lawyer review your documentation and put in their signature before they disburse funds. Some lenders require borrowers to hire a lawyer to review their paperwork.
In case you’re going into partnership with another entity or person, you need a lawyer to check out the partnership agreement and ensure that everything complies with Texas laws.
When buying or selling a business, you want to know the ins and outs of corporate law.
The government will often require you to file certain forms and paperwork when handling commercial real estate transactions.
Of course, regulations do differ across cities and counties, and it’s essential to work with an attorney who’s familiar with the local laws and regulations. Your lawyer should represent you throughout the transaction to help you navigate the complex legislation. Generally speaking, it’s not advisable to start these kinds of transactions without involving a professional attorney.
How Can Oracle Legal Group Help You?
At Oracle Legal Group, we take pride in looking out for your best interests and making sure your commercial real estate transaction goes through seamlessly. We can help you in many different ways, including:
- Drafting and reviewing buy and sell side agreements.
- Facilitating contractors.
- Composing closing deeds and documents as needed.
We provide personalized legal services to suit your situation. When working with us, you can be sure that you’re working with an experienced team that will deliver a favorable outcome. We have been practicing commercial real estate law for decades now, and we’ve helped clients from all walks of life get outcomes that meet their goals and serve their needs.
Contact a Houston Commercial Real Estate Lawyer Today
To ask us any questions or schedule a consultation with a commercial real estate lawyer in Houston, contact the law offices of Oracle Legal Group at 832-291-2798 or by submitting the form below.
