Buying commercial property is considered to be one of the best investments a business or individual can make. Be it for rent, or for personal use, this investment can have massive residual benefits. At The Rozhik Law Firm, we have encountered three areas in which issues often arise. We want to give our audience some advice on what they should be aware of in the commercial real estate realm.
Contracts. How are we able to understand contracts and all of the legal jargon? Well, we went to law school. You probably did not. We have spent thousands of dollars and countless weeks understanding how contracts work, what is and isn’t binding, and how to interpret all of the legal semantics associated with a contract. Our top closing lawyer, Richard F. Rozhik, not only understands how to decipher contracts, but drafts them on a daily basis. The average business person is an expert in many things, but contracts is usually not one of them. We have seen instances where a hundred page contract did not contain language to make the contract legally binding which caused endless lawsuits for all parties involved. We are here to avoid that. Our contract drafting experts make sure the contracts are binding and flawless.
Liens exist for residential property as well as commercial property. Our staff and our contacts in the real estate industry are here to ensure any issues on the title are revealed as soon as the buyer and seller are serious about transacting a real estate deal. The Rozhik Law Firm is here to negotiate and renegotiate any terms when titles are shown to have liens and other claims owed.
Zoning is something most business people don’t even consider during the closing process. Richard F. Rozhik, Esq., is able get the correct permits in place, and deal with the appropriate government officials to ensure all of the red tape is taken care of so you can get your business up and running.