As a business owner or investor, acquiring real estate is a significant decision that needs to be handled with care and with consideration to the financial implications. A College Station real estate attorney will provide you with specialized legal representation that is geared to the nature of the acquisition.
Issues to Consider in Acquiring Commercial Real Estate
The purchase of real estate for a business requires a great deal of consideration. It is important that you select a property that is situated optimally for your needs and that has a title free of encumbrances. Among the issues with which an attorney can help you include:
- Selecting the Site: If your business depends upon customers visiting the site, the location of the acquisition is very important. However, you also need to make sure that the land you purchase is zoned for your purposes.
- Due Diligence: Real estate acquisitions must include due diligence and pass an environmental review.
- Formation of Your Business: If your acquisition includes the forming of a new business, an attorney can help make sure that the form of enterprise you choose is best suited to your needs.
- Contracts: It is important that contracts are handled appropriately. An attorney will help you draft any contracts to ensure that they are legally sound.
Other Matters to Consider
Whether you are purchasing land, an office building, apartment building, warehouse, or other property, an attorney can take on such matters as negotiating the acquisition, investigating title issues, and helping find financing options. Among the latter are revolving credit loans, SBA loans, EDA loans, and commercial mortgages. If you plan to lease rather than purchase the property, it is important that you have assistance with negotiating the lease, reviewing the lease agreement, and handling any disputes that may arise.
For Questions or Legal Representation
If you are acquiring property for an existing business or start-up, or as a real estate investor, it is important that you have strong legal representation. An experienced and knowledgeable College Station real estate lawyer will guide you through all aspects of the acquisition process. Call Peterson Law Group today to arrange a consultation at 979-703-7014 or 936-337-4681.