Commercial Real Estate Law

Liens

A lien is a notice attached to a property that has not paid its debts of that property to an outside party. The individual or business that previously performed work on the property will file for a lien if they do not receive their money. The lien is held on the property until the debt is paid in full. Liens are used to keep track of any collateral debt owed and prevent the property from being sold if the debt is still not paid to the creditor. A few different types of liens you may encounter when renting your business space include a mechanic’s lien and a property tax lien. Both liens are brought upon from not paying for reconstruction costs or taxes on the building. An experienced business law attorney can help to ensure a lien is not preventing your business from operating or in debt to another party. If you are a lien holder, an attorney can assist you in protecting the current lien.

Easements

An easement is a legal right of way given by one property owner to the other for commercial purposes. Examples of a commercial easement may include a business allowing electrical infrastructure on the land to provide electricity or granting an easement to a railroad company by granting them the right to build and maintain a rail line across a property they don’t own. Easements will grant this legal permission to an outside party, allowing them to use a part of the commercial real estate without owning the entire property. An experienced attorney that specializes in business law can offer legal advice on when and how to use easements when owning and operating a commercial business

Land-Use

Land use is understanding and knowing the laws and rules when developing or reconstructing commercial developments. Every state and city has different laws containing the desired use of land, between assessment agreements, zoning changes, tax increment financing, and much more. Following legal requirements when owning and operating land or commercial property is essential. Hiring the right attorney to ensure your business is legally using the land ensures you are protected.

Variances

When looking for a location for your business, whether to build, buy or lease, you may need to consider a zoning variance. Because areas are zoned for specific purposes, your business may only be able to operate in a location with a variance legally. For example, a property may zoned for retail stores, but you may want to run a construction company in that area. In this case, you will need to request a variance, a legal exception to a zoning ordinance that allows you to build and operate a business in a location you wouldn’t otherwise be entitled. Requests may be granted by a local planning or zoning board in the area. An experienced business law attorney can assist with variances to help you open your business in no time.

Litigation

Real estate litigation is used by real estate agents, business owners, landlords, and lenders to resolve disputes. Litigation can arise over a variety of conflicts but is common when dealing with leasing agreements or business contracts. A knowledgeable business law attorney is vital to help advocate for your business needs while negotiating such disputes.

Commercial Real Estate Law Attorney

Obtaining a trustworthy commercial real estate attorney that you trust to help guide you through purchases, lease agreements, liens, easements, land use, variances, contract negotiations, and litigations will help set your business up for success. Jeddeloh Snyder Stommes is a team of trusted and experienced Commercial Real Estate Attorneys that can help protect your business through proper legal structures.