At J&J Legal, we are dedicated to protecting the assets of our clients in real estate acquisitions and dispositions. Whether you are buying or selling commercial or residential real estate, consulting with an experienced attorney is the best way to ensure your transaction is a success and you avoid costly delays.
We represent individuals, real estate investors, businesses, lenders, and developers in real estate acquisition and disposition matters through all phases of the transaction. Our process begins with our legal team identifying your case specific investment objectives, goals, and risk tolerance. We negotiate the purchase contract, review due diligence issues, and plan and structure the transaction to obtain maximum transfer and recordation tax savings and income tax benefits. We also assist commercial clients by negotiating and drafting letters of intent and obtaining municipal permits and/or approvals.
We continue our representation through the closing process, including the review and negotiation of the commitment letter and loan documents, preparing all required opinion letters, and closing on the transaction as an authorized agent for title insurance.
Acquisition of Commercial Property
When a buyer makes an offer on commercial real estate, the offer is typically contingent on the buyer’s investigation of the subject property—I.e., the due diligence period during which the buyer examines the property to ascertain whether it comports with the buyer’s intended use. J&J Legal understands buyers typically have minimal recourse once the sale is complete and therefore, we conduct a comprehensive investigation of the property including its condition, title, financial performance, interests in the property, and status of commercial lease agreements as part of our due diligence. Our goal is to ensure the property purchased meets the buyer’s intended purpose and use.
Disposition of Commercial Property
Many of the same standards applicable to due diligence acquisition also apply to disposition. J&J Legal provides assistance with obtaining an independent appraisal of property value, recordable survey, legal description, location map, property pictures, and an environmental report. An environmental report assesses potential environmental risks and should be performed pursuant to certain acceptable standards.
Our Services include:
- Negotiation of purchase agreements of office, residential, commercial and mixed-use projects
- Site acquisition for development
- Due Diligence for Acquisitions
- Option agreements
- Joint ventures- in connection with single transactions and platform facilities
- Title searches and title insurance
- Resolving title issues
Contact J&J Legal today to discuss your acquisition or disposition needs and learn more about our comprehensive real estate services.