In a booming town like Austin, commercial real estate is a big business. Buying, selling, and leasing are just a few types of transactions that commercial real estate investors may engage in. While there is the potential for a large return on your investment, commercial real estate can also be risky if you do not properly protect yourself and your legal rights.
If you plan to get involved in commercial real estate in Austin, you need an experienced Austin real estate lawyer on your side who knows how to help you protect your interests during these deals. Contact Porter Law Firm today to let us put our experience to work for you.
Why Choose Us?
At Porter Law Firm, we have been helping clients in the commercial real estate space since 2009. Our experience and in-depth knowledge of the commercial real estate landscape allow us to put together a tailored representation approach to help each client achieve their goals. Some reasons why clients in the Austin area choose us are:
- As a boutique firm, we can give each client the personal attention they deserve while still having access to the resources of a large firm
- Many of our attorneys are also commercial real estate investors themselves, so we live commercial real estate every day
- We can answer all your questions and provide you with sound legal advice about all your commercial real estate matters
Before you enter into your next commercial real estate project, let us help you plan the right approach. Give us a call today to schedule a consultation and let us get started helping you.
Why Do I Need a Commercial Real Estate Attorney?
Many people believe they can handle their own commercial real estate deals. This is especially true for investors who have been through numerous deals before. However, one small mistake or oversight during the process could end up costing you dearly. Having an experienced commercial real estate attorney on your side could save you a lot of time and money. Some ways a commercial real estate attorney can help you are:
- Performing due diligence prior to any acquisitions or purchases
- Assisting with zoning issues or land use restrictions that may impact your property
- Drafting and reviewing all contracts related to your project
- Advising you of your legal rights and helping protect your interests throughout the deal
- Negotiating resolutions to any issues that may arise during the process
- Fiercely litigating for you in court when the situation requires it
Disputes over contracts, land use, or lease terms can lead to costly lawsuits. When litigation becomes unavoidable, an Austin business litigation lawyer can help protect your rights and business interests, ensuring that disputes are handled efficiently.
If you are contemplating a commercial real estate deal in Austin, contact Porter Law Firm today. We can be the trusted ally in your corner to help you achieve your business goals.
Commercial Real Estate Buy-Sell Agreements
Whether you are buying or selling, the purchase agreement is one of the most important documents in the whole deal. This agreement outlines key details of the deal, such as:
- The names of the buyer and seller
- The purchase price
- The legal description of the property
- Details on land use restrictions
Commercial real estate purchase agreements can sometimes be hundreds of pages long. There may be complex legal terms involved, and the average investor may not have the knowledge of what all these terms mean. This is why it is crucial to have a commercial real estate attorney in Austin helping you.
Commercial properties are often significant assets in an estate. Without a structured plan in place, legal disputes over ownership or inheritance can arise. Consulting an Austin estate planning lawyer can help ensure that your real estate investments are properly accounted for in your long-term plans, avoiding unnecessary complications for your heirs.
At Porter Law Firm, our experienced Austin commercial real estate attorneys can help you with every detail of your purchase agreement. We will diligently review every detail of your agreement and advise you on the best way to protect your interests. Contact us today to schedule a consultation and let us get started.
Commercial Lease Agreements
Many investors enter the commercial real estate space with the intent to lease their property to other business owners. Commercial leasing includes all types of properties, such as retail, office space, and even restaurants. Commercial lease agreements can get complicated quickly, and mistakes in a lease agreement can turn into huge problems.
These lease agreements must account for many things, including:
- Common area maintenance (CAM) expenses
- Payment terms
- Starting and ending dates for the lease
- Names of all the parties
- Property or land-use restrictions
Some commercial properties fall under property owners’ association regulations, which may include specific maintenance and zoning requirements. An Austin Property Owners’ Association lawyer can ensure compliance with HOA guidelines and help property owners understand their obligations.
Whether you are going to be the lessee or the lessor, it is always a good idea to have a commercial real estate lawyer in Austin review your lease agreement prior to signing it. A lawyer can also help you negotiate more favorable terms in situations where the lease agreement is too one-sided. Contact Porter Law Firm today to let us put our commercial real estate experience to work for you.
Commercial Real Estate Development
Commercial development projects are extremely costly and time-consuming. Some of these projects require months or even years of planning prior to starting construction. At Porter Law Firm, we can help you with every aspect of your commercial real estate development project. This includes:
- Land acquisition
- Financing agreements
- Rezoning requests and hearings
- Construction contracts
- Lease agreements
Early in the process, our team can help you through due diligence when considering a specific piece of property. We can review titles, deeds, and zoning restrictions to ensure that your property can be used in the manner you intend. We can also help you explore different lenders and get favorable financing terms. In some cases, eminent domain issues may arise, and understanding your legal rights is crucial before proceeding.
Once the acquisition is complete, construction contracts will need to be executed. Once the building is complete, getting tenants in place is usually the next step. This requires proper lease agreements and getting the help of a property management company in some cases.
Before you dive into a commercial real estate development project, call Porter Law Firm. We can help you through the whole process from start to finish. We will work tirelessly to protect your interests and move swiftly to handle any issues that arise during the process.
Contact an Austin Commercial Real Estate Lawyer Today
Whatever your plans or goals with commercial real estate are, Porter Law Firm is here to help. We have both the knowledge and experience to keep your project on track and to keep your interests protected. The sooner we get involved, the more likely we can help you avoid some of the common issues faced in commercial real estate deals. Call us today at (512) 381-1577 or fill out the form to schedule your consultation.