Real estate transactions seem routine, but they can present challenges. There are often more steps than reviewing and signing contracts, especially if you consider commercial use for real property. Other curve balls arise if you lease your property or finance a purchase. You must prepare for these contingencies or see your investment become at risk.
The real estate section at Underwood Perkins addresses various real estate transactions. We can manage the most straightforward buy-sell transaction or assist in complex multi-property transactions. Our clients include lenders, borrowers, landlords, tenants, developers, owners, contractors, corporations, investors, management companies, and real estate brokers.
We start with title research and stay with you through closing. If you wish to lease out your property after purchase, we can help you draft leases and screen tenants.
We know that real estate law often involves conflict. If you need to evict a commercial or residential tenant, our attorneys help you complete that process properly and fairly. We also assist with real estate loan defaults by providing guidance for loan workouts, debt restructuring, foreclosures, and problem asset disposal.
We help you file the appropriate liens for contractors and subcontractors if a property owner fails to compensate you for your work, and we know how to contest an improperly filed lien.
Contact our attorneys today if you need help with:
While home and commercial purchases may seem routine, you may wish for extra reassurance and protection. Real estate attorneys at Underwood Perkins draft and review real estate contracts, review zoning regulations, and support the smooth conclusion of your real property transaction. In those cases, a real estate attorney can review the sales documents and disclosures and see if anything causes alarm.
Property development introduces complications. If you do not secure the correct permits, follow local regulations, investigate easements, zoning or title of the land you are purchasing, your project may not move forward. Investing in suitable legal services reduces the likelihood of expensive mistakes that can sabotage your project.
For residential property, your real estate contract may contain a warranty and instructions for using it. Try that approach first and see if it solves the issue. If not, seek legal advice to find other possible solutions.
If you experience defects with commercial properties, you may have remedies. Contact a real estate attorney to see if any warranty or remedy exists.
First, check the property for claims, liens. Your real estate attorney can do this, and if any are found, clear them or settle them. If claims and liens are not handled ahead of time, you risk having these claims interfere with or even prevent closing your purchase.
Second, confirm that the property is appropriate for the use you intend. Check easement limitations and zoning laws; and if you plan a commercial use, make sure the commercial use is consistent with local regulations and restrictions. Since confirming this element takes multiple steps and proves devastating, if you do not thoroughly investigate, consider hiring a real estate attorney.
Disclaimer: Any information contained on this Website is not legal advice and should not be treated as such. Any information on this Website should be used solely as a guide and does not replace the advice of a licensed attorney. You should always contact an attorney for help with your specific legal needs and issues. Depending on your jurisdiction, you may have to take additional actions to be in compliance with the law. Any use of the policies contained in this Website is at your own risk. Any communication between you and us is not subject to attorney-client privilege.
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