VanAntwerp Attorneys, LLP
Phone: 606-618-0698

Reasons your company should consult a lawyer about a new location

Whether your organization is planning to rent new business premises, purchase a facility or expand into a new location, there are legal issues involved that a real estate agent is not in a good position to help you with. Hiring an attorney to negotiate, draft or review documents and to research zoning and other issues can save you a great deal of time and trouble. Unlike real estate agents and many other professionals, your attorney is legally obligated to act in your interests.

The first thing you may want to have a lawyer review is any proposed contract with a real estate agent. These contracts contain a great deal of crucial legal information, and you need to understand precisely what you are signing. A lawyer can explain the terms of the contract and spot anything unusual or unfavorable that could be corrected before you sign.

Whether you are planning to lease or purchase space, you should consider having an attorney negotiate the agreement. Often, we are simply too close to the situation to negotiate the most favorable agreement. An attorney -- especially one with experience in the area -- can often achieve more favorable terms than an inexperienced negotiator could.

If you prefer to do your own negotiation, you should have a lawyer draft and review the purchase or lease agreement. There is a great deal of due diligence involved in locating a business, such as:

  • Ensuring that the location meets local codes and is zoned correctly for your purposes
  • Making sure you are aware of any environmental concerns, easements or other surprises
  • Ensuring there are no unpaid assessments or liens against the property
  • Determining the location's compliance with the Americans With Disabilities Act and other federal, state and local requirements

If you are leasing, there may be important terms you would like included in the lease. It is best to have your own lawyer draft those terms rather than relying on a leasing agent or their attorney. Your own attorney can ensure the terms meet your needs, that there is no confusion, and that the terms are enforceable.

When it comes to leasing or purchasing commercial real estate, an attorney's job is to make sure you get what you expect with no unpleasant surprises. Your lawyer can help you obtain favorable terms -- and get you peace of mind about your transaction.

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