Commercial Real Estate Lawyers: Their Role During the Investment Process
2 min read
Purchasing commercial real estate is an intimidating feat, especially for a first-time investor. That is why it is best to fully equip yourself with the necessary resources and know-how to make the investment process run as smoothly as possible. A key player that will help you do just that is CRE lawyers.
We’re highlighting a commercial real estate lawyer’s critical role and how they will make the transaction process much more manageable.
A commercial real estate lawyer is typically the final touchpoint during a real estate transaction. The lawyer reviews and prepares all necessary documentation and gives clients relevant legal advice. This can include anything from ensuring that the required procedures are being followed if a property is zoned correctly to title liability. The lawyer will also handle any potential legal issues that arise during the process, such as confirming the transfer of titles is legal and binding.
It is important to note that real estate laws may vary by province and/or territory, making it essential for your commercial real estate lawyer to be licensed to practice law in that area.
When working with a commercial real estate lawyer, it is essential to remember their stance as a professional— looking out for your legal interests. Working alongside a CRE lawyer will keep you one step ahead and guarantee investment success from start to finish.
Reference
Segal, T. (2022, July 13). What does a real estate attorney do? Investopedia. Retrieved July 26, 2022, from https://www.investopedia.com/ask/answers/101314/what-do-real-estate-attorneys-do.asp
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