Commercial real estate lawyers perform many of the same duties as attorneys who focus on residential real estate—they work on transactions between buyers and sellers, handle issues with title, review contracts, and negotiate with lenders. So what does a commercial real estate lawyer do that makes them different?
The main difference between these two real estate law specialties is that commercial real estate law requires a depth of knowledge in a few key areas that are specific to businesses. Our Austin commercial real estate lawyers have experience working with local businesses, developers, and property management firms to assist them in all aspects of real estate law, from transactions to litigation.
Here are some of the specialized services real estate attorneys provide their clients.
Home buyers and sellers have little need for an attorney to handle matters of zoning, but for commercial businesses, understanding zoning laws can be critical. Because zoning laws restrict the ways in which a property can be used, businesses may need a commercial real estate attorney for issues surrounding rezoning, administrative hearings, variance applications, injunctive relief, and appeals. It’s also recommended that before purchasing or leasing a property, business owners consult with a commercial real estate attorney in order to understand local zoning ordinances.
A commercial real estate attorney is adept at drafting, reviewing, and negotiating commercial leases for businesses. If you’re a property owner, it’s important to use a professionally-drafted lease agreement rather than boilerplate versions that can be riddled with errors; for businesses that are leasing property, it’s always a good idea to have an attorney review a lease agreement before you sign it.
Real Property Rights and Land Use
Although property rights and land use are similar in concept to zoning, these issues involve environmental regulations and laws, disputes with neighboring property owners, and obtaining permits. Sometimes in cases involving disputes, you may end up entangled in a lawsuit, in which case your commercial real estate attorney can negotiate a settlement or represent your interests in court.
Real Estate Development Law
Developers need commercial real estate attorneys who have an in-depth understanding of real estate development law. This means understanding not only land use and municipal zoning laws, but also assisting with property development from start to finish—helping you and your firm evaluate sites, purchasing, securing financing, obtaining permits to build, and then leasing or selling your finished units.
Other Commercial Real Estate Law Services
There are a number of additional services offered by commercial real estate lawyers that require specialized knowledge of state and municipal law and how it relates to commercial businesses. These include:
- Landlord-tenant disputes
- Breach of contract
- Nuisance laws
- Regulatory requirements
- Deeds, covenants, easements, and other title issues
- Homeowner and condo associations
- Incentive agreements and relief
- Eminent domain
- Construction financing
Learn More About Commercial Real Estate Lawyers
Kelly Legal Group is a leading provider of commercial real estate law services to clients in Austin and the surrounding areas. Contact us today at 512-505-0053 or request an appointment on our website.