Real Estate Transactions

Real Estate Transactions

Commercial real estate transactions are complex contracts, with many variables to contend with. If you are buying or selling commercial property, our real estate attorneys can help bring certainty to the process. We can help you investigate and negotiate the deal, secure financing to pay for it, and work with potential franchisors and local municipal agencies to ensure the transfer of ownership and management goes smoothly. Patel Anderson LLP anticipates potential issues and works with our clients to prevent, resolve or mitigate the risks that come with all facets of real estate transactions.

Our firm provides transactional legal services to buyers and sellers, preparing a variety of real estate transactions and related documents. To get help advocating for your interests and protecting your property, contact us today to set up a meeting.

Finding Your Next Property Development

In any commercial real estate transaction, finding the right location is key. As a busy property manager or hotel owner, you may not have the time to give each property the careful consideration it deserves prior to sale. However, failing to complete a thorough title search and due diligence investigation prior to investment can bring financial ruin to even the most promising developments.

At Patel Anderson LLP, we take that burden off the shoulders of our commercial real estate clients. For those purchasing commercial real estate, we will perform due diligence into prospective properties, and will work with title companies to complete title searches and file title objections so that you can complete your transaction without interference from undisclosed liens or encumbrances on the property. We can also assist you to review local ordinances and land use regulations, as well as completing zoning variance requests to ensure that your real estate venture won’t face municipal obstacles once the transaction is finalized.

Negotiating Buy / Sell Agreements for Commercial Real Estate Transactions

A well-drafted buy/sell agreement or commercial lease contract can be a shield against the unexpected. We know that a deal doesn’t have to be perfect to be the right choice. At Patel Anderson, we make it our business to anticipate our clients’ needs, and prepare for potential vulnerabilities in each real estate deal. Our job is to write robust real estate contracts that will stand up to potential future real estate litigation that may arise. We can assist you in preparing

  • Letters of intent
  • Closing documents
  • Commercial leases
  • Buy / Sell Agreements

We meet with our clients to understand, anticipate and protect against the risks involved in each real estate transaction.

Assisting Property Sellers to Close Commercial Property Transactions

For sellers, we can assist with advertising properties for sale and investigating the financial stability of potential buyers. We will negotiate terms that bring you full satisfaction on your best terms. We build protections into our commercial property transactions, giving sellers collections options to protect their interests until the full payment is received. We will also facilitate between your own lenders, title companies, and municipal inspectors to close the deal. We will help you to clear contractor’s liens and encumbrances to allow title to pass cleanly from seller to buyer.

Advocating Fair Terms in Franchise Transfer Agreements

When the real estate transaction at hand is controlled by a national, or even global franchise, it adds another level of complexity to the deal. At Patel Anderson, we have extensive experience working with hotel franchises to negotiate franchise transfer agreements. We know how to protect future franchisees’ rights and ensure that the franchise transfer agreements protect our clients’ interests, as the franchise duties transfer from seller to buyer.

Get Personalized Assistance With Your Commercial Real Estate Transaction

We care about you and your business as much as you do. Our team of real estate attorneys are here to help property owners, buyers, developers, and property managers negotiate real estate transactions that meet their needs and protect their property interests. We guide your transaction from start to finish, from the initial listing or due diligence investigation through to closing and enforcement of your real estate contracts. Contact us today to speak with our team about your legal needs.