Wheaton, IL Commercial Real Estate Attorneys
Knowledgeable Commercial Real Estate Attorney Keeping Transactions Secure in DuPage County, IL
Buying, selling, and managing commercial real estate is nothing like working with residential real estate. There is an entirely different set of concerns. You are less worried about HOAs and more worried about whether municipal code will allow for your intended use of the property. People who are buying commercial real estate are mainly concerned with making sure the building is suitable for the type of business expected to use it. It is even more important to work with an experienced Wheaton, IL real estate lawyer when you are dealing in commercial real estate. An attorney can work to ensure that a buyer will be able to use the property as he or she intends to or make sure that a seller is protected against potential future lawsuits.
The McCormick Law Firm, LLC has been serving Illinois residents for more than a decade. You will always work directly with Attorney Eron McCormick when we are representing you. We can start taking action to protect your interests as soon as you have decided you are interested in buying, selling, or renting out commercial properties. Our law firm proudly offers discounted services to first responders, veterans, and people who are actively serving in the military. If this applies to you, kindly let us know your current status when you contact us.
How a Lawyer Can Help Buyers of Commercial Properties
Especially if you are inexperienced in buying commercial real estate, you need a highly experienced guide. Our attorneys will work with you before, during, and after your transaction. A few ways a lawyer can help you include:
- Confirming that you can use the property how you want to - Commercial properties are usually subject to a lot of local laws and zoning restrictions that control what people can and cannot do with commercial properties. Our lawyers will help make sure that you will be able to use the property like you plan to or obtain any permits you might need.
- Reviewing your contracts - During closing, you might be asked to sign ten or more different multi-page documents. A lawyer can review all of those documents to make sure you have a clear understanding of what you are signing and that there will be no unpleasant surprises later.
Representing Commercial Property Sellers in DuPage County, IL
When you sell real estate, you are making a lot of promises. An attorney can help make sure you are only agreeing to terms you are certain you can uphold. A lawyer will:
- Make sure appropriate disclosures are made - One of the most common reasons sellers get sued is because they failed to disclose something important about the property. Your lawyer will investigate to make sure the buyer is well-informed about any issues or encumbrances - including encumbrances you might not even know about.
- Negotiate to get you the best deal - Our lawyers are highly skilled in negotiation and will strive to get you the best bargain possible.
- Reviewing the chain of title - Your attorney will want to make sure there is no one else who might have a claim to the property, or ensure that you are using a type of deed that does not guarantee that you have exclusive ownership of the house.
Help With Commercial Leases
If you plan to lease out your commercial property, our attorneys can help draft your lease. We are skilled in working with commercial property owners to ensure that their property will remain profitable and protected during the lease period. Knowing what kinds of clauses, rules, and restrictions to include in a commercial lease is critical and takes experience.
Contact a Wheaton, IL Commercial Real Estate Lawyer
The McCormick Law Firm, LLC is committed to providing the best representation possible for people who are dealing in commercial real estate. Our attorneys have more than ten years of experience and numerous five-star reviews. To arrange a complientary consultation, call our office at 630-517-8570.