Owners, prospective purchasers and tenants of commercial real estate face a daunting list of legal considerations when they are buying, selling or leasing commercial property or mixed-use buildings. The Law Office of David Lacher has over 30 years of experience representing businesses and individuals throughout New Rochelle, Westchester County and the New York metropolitan area in commercial real estate transactions.
Negotiation, Drafting and Review of Commercial Real Estate Contracts and Leases
The contract for purchase and sale must be drafted with meticulous care and attention to detail. Title searches and review of title reports are critical components of every transaction. The firm completes a thorough title review, checking for issues such as:
- Mechanic’s liens
- Mortgages
- Violations of municipal ordinances
Commercial leases provide different challenges with rent, real estate tax and operating cost escalations, as well as subleases, assignments and the often-required personal guaranty of the business owner.
Mixed-Use Buildings
The firm also represents clients in the purchase of mixed-use building — property that is part residential and part commercial. In addition to all the usual title and financing review, the firm checks to make sure the existing residential tenancies are in compliance with local regulations, including rent stabilization reports.
Contact The Law Office of David Lacher
For assistance with commercial real estate or mixed-use property transactions, contact attorney David Lacher online or call 914.355.5900.