As a commercial property owner, you want to make sure your property is compliant with all of the rules and regulations. There are many different regulations that one needs to be aware of in order to make sure that all legalities are in order. Understanding 3 main reasons why you may need a commercial real estate lawyer in Chicago who can help you make smart choices for your business.
#1 – Holding Title to Your Commercial Property
Understanding the details of holding title to your real estate property is key when it comes to owning commercial property. In order to make sure the title is rightfully transferred, it is essential to contact the most effective commercial real estate lawyer Chicago has to offer. This will ensure that you get the right legal services that are needed. An attorney can advise you as to whether or not you should hold title in your own name, or form an LLC or Corporation. Having this professional legal guidance as you establish your company can prove beneficial in the long run.
#2 – Eviction Defense
In the worst case scenario, commercial property owners may end up facing eviction as they fall behind in making payments on their building. When this occurs, it is essential to seek out an experienced commercial real estate lawyer in Chicago. This attorney will deliver the eviction defense services necessary to aid their clients. With the right defense, the chances of saving the property are enhanced.
#3 – Real Estate Contracts
Another reason for needing a commercial real estate lawyer in Chicago is for real estate contracts. When contingencies need to be written into a contract, a lawyer can provide this service. They understand the details of inserting specific contingencies into a contract and can ensure everything is as it should be. As long as the conditions are met, the commercial property owner can use these terms to back out of the contract if needed. An experienced attorney can offer the advice needed when drafting real estate contracts.
In addition to these main reasons, there are many others why a commercial real estate lawyer in Chicago may be required. Set up a consultation with an attorney near you to get the legal services you need.
At the law offices of Starr, Bejgiert, Zink & Rowells, you can receive the best commercial real estate Chicago services. Capable and committed attorneys are ready to help you get the legal solutions you need.
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