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Texas Commercial Real Estate Attorney

Commercial Real Estate Purchase or Sale

How do you know if you need to retain a real estate attorney for a commercial real estate purchase? Here is an example of a common scenario that you could face in a commercial real estate transaction. You are purchasing or selling commercial real estate. The contract may not be on a "standard form," or what appears to be a "standard form" in reality favors one of the parties to the contract to the detriment of the other party. Are you knowledgeable enough to discern whether you are benefited or harmed by the contract which appears to be "standard?"  If you are the buyer, what due diligence should you undertake before you close on the purchase? I can assist you and walk you through the maze that leads up to the closing. It can be a very intimidating and uncomfortable situation if you are going down this road for the first time, or if you infrequently travel this path.

Commercial Real Estate Lease

Here is another example: you want to lease space in a commercial shopping center. Are you blown away by a 30-50 page lease written in a language that almost resembles English? I can explain the content in every-day terminology, and then you can make an informed decision before you commit and invest your valuable time and capital to the commercial space.

Commercial Real Estate Title Reports

And what about the title report (the commitment for title insurance) issued prior to the closing by a local title insurance company. Do you understand it? Do you understand that a title insurance company can insure title or ownership of land and improvements, and yet in the same title insurance policy deny coverage for events or problems arising out of recorded documents affecting the land? Do you understand that the exceptions to title (that is, those matters which the title insurance company will exclude from its coverage) may be so burdensome to an owner that it might be better not to purchase the land? I can review the commitment for title insurance, and if necessary review the recorded documents identified as exceptions to title, and interpret their impact on your purchase so that you may make an informed decision on whether or not to proceed with the purchase.

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