Commercial and residential real estate transactions have many similarities. Both involve purchase and sale agreements, contracts, and property inspections. However, the amount of money being exchanged in a commercial transaction is often much more significant, and there are also numerous details in a commercial transaction that may be scrutinized. Additionally, a commercial real estate transaction could come with a number of additional terms, such as land use requirements, or the buyer being asked to take the property subject-to existing leases, easements, or other agreements the seller made prior to agreeing to the sale of the property.
At the Law Office of Thomas Magarian, our attorneys can provide you with the level of representation and attention you deserve when you’re navigating a commercial transaction. Call us directly today to schedule a consultation.
Our firm can provide representation throughout the entirety of the commercial transaction process. Elements of a commercial transaction with which our law firm can provide assistance and guidance include:
When entering a commercial real estate transaction, the importance of careful planning and thorough review of documentation cannot be overstated; even a small error or mistake could have costly ramifications. When you work with the Law Office of Thomas Magarian, our attorneys will take great care in reviewing all elements of the transaction, ensuring that no defects exist, and protecting and advocating for your best interests. By working with a commercial real estate attorney, you are investing in your own peace of mind.
While working with an attorney can help to avoid disputes, should a conflict arise, having an attorney on your side is essential. An attorney can explain to you the law and your rights and obligations under it, help you to navigate your options and make an informed decision about how to proceed, and represent you during negotiations, mediation, or arbitration. While most commercial real estate disputes are resolved through alternative dispute resolution methods, should a case go to court, our attorneys can also provide representation during commercial real estate litigation.
The Chicagoland area has a booming real estate market and commercial real estate transactions are taking place daily. If you are a buyer or seller in a commercial real estate deal, or if you are pursuing a commercial real estate transaction as a property owner, The Law Office of Thomas Magarian can provide the legal counsel you deserve. To learn more about the us and the commercial real estate services our attorneys provide, please contact us by phone or online today for your initial consultation. You can reach us at (630) 445-5015.
