Do you plan to sell or buy a commercial property but need help knowing where to start? If so, consider hiring the service of Ofir Ventura, a professional real estate lawyer in Las Vegas.
If you have had real estate transactions before, you would know how vital an attorney's function is for the job. However, suppose you're new in the business. In that case, the following can assist you in seeing how an attorney can help you in handling real estate transactions- it doesn't matter if you are into selling or buying a property.
If you are buying a commercial property, a real estate lawyer must:
•Assist you in fully understanding the purchase agreement, which includes taking the title of the property or in the short process of title acquisition.
•Also, do the task of checking to ensure that there are no easements, covenants, liens, etc.
•The registration process and all the legal documents for the property.
•Help you know the terms of the loan and work with the bank if there is an adjustment or modification.
•Work on assessing the documents you will be needed to sign
•Work for property insurance so you get secured from losses which could be because of the title defects.
In case you're selling a commercial property, a real estate lawyer must:
•Assess and explain the offer to purchase, an initial payment secured by cash between a seller and buyer as an offer to buy a property. Moreover, he can also assess or prepare the buy-sell agreement, which includes the negotiation of its terms.
•Also, arrange or work for the transfer of security deposits or the money deposit to the landlord to make sure that the rent is compensated, and other responsibilities of the lease are done, such as paying for damage caused by the tenant.
•Arrange insurance certificates if needed
•Ready deed and power of attorney when needed
•Help in addressing titles problems that might arise and correct them
Ofir Venture is an expert and professional real estate lawyer in Las Vegas that can help address the legal burdens you may be experiencing in commercial real estate transactions.
