What is a lawyer’s role in a commercial real estate transaction?
If you are buying commercial property, your lawyer can help you draft or revise the sales contract so your rights are fully protected. In addition, your lawyer can review the title evidence – typically, the title insurance commitment – and can look over the closing documents.
If you are selling commercial property, your lawyer can help you with the sales contract, help you order the title insurance commitment and solve any title problems, and either draft or review the deed or other closing papers.
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