When you purchase commercial real estate, it's typically under the supposition that the property can be used for your intended purposes. As a merchant or retailer or supplier of goods or services, the requirements of your business could vary drastically and may be in violation of certain prohibitions in the terms of zoning laws. This is why it is so important to educate yourself on all paperwork and contracts you sign throughout the real estate transaction process.
On either side of the contract are often people who stand to gain financially and who are governed by specific real estate laws. The seller or builder must abide by real estate disclosure laws, and the buyer must follow zoning requirements and any additional rules as set through the lenders.
To enter into the negotiation with a clear understanding and avoid issues, permits or easement use down the road, it may be beneficial to consult with a Florida real estate attorney early in the process of procuring a property. Or, on the builder's or seller's side, disclosing all information and ensuring the property is exactly as it is portrayed to potential buyers or tenants.
For nearly three decades, the respected law firm of Frese Hansen has worked with all parties in real estate transactions to protect their assets and avoid financial pitfalls concerning commercial and residential real estate law in Melbourne and the surrounding areas of Florida. If you are struggling to grasp the various aspects of your real estate negotiations or are facing litigation, an attorney at the Frese Hansen law firm may be able to shine a light of understanding over complex and significant real estate and business laws.