NYC commercial real estate attorney Natalia Sishodia (https://sishodia.com/commercial-real-estate-attorney-new-york/) releases a new article explaining the sale and purchase of a commercial property. According to the lawyer, commercial real property transactions can be complex and require careful attention.
"Transacting commercial property is far different than residential property, and while a commercial transaction can be more flexible, it may also be highly nuanced. Whether you are a seasoned international investor looking for a commercial office building with exceptional income potential or a first-time small business owner looking to lease space, understanding your needs, what to look for, what to watch out for, and where to go is an essential first step," says the NYC commercial real estate attorney.
The lawyer explains that an attorney can help someone understand their purchase or lease. These leases can include office space or retail, restaurant, hotel, or land acquisition.
Attorney Natalia Sishodia states that it is essential to consult a commercial lawyer if a person is interested in buying or selling commercial properties. A real estate lawyer can help clients structure their sales and negotiate contracts. Having a skilled lawyer can also help the client avoid making mistakes in their purchase.
Attorney Sishodia explains that clients considering leasing their property should always consult a lawyer. A skilled attorney is able to help clients with: the drafting of letters, the review of lease agreements, rent negotiations, indemnification, and enforcement options for the right-to-first refusal.
According to the real estate attorney, "Whenever financing is required, we can represent the borrower/client in their communication with the financial institution, assist with document submissions, and help expedite approval with lending institutions from traditional to specialty lenders. With our robust expertise in commercial real estate lending, we are often able to get our clients faster approval and more favorable terms."
Lastly, the real estate lawyer explains that having a lawyer for important real estate transactions especially commercial real estate property. A skilled lawyer may be able to help with the planning and reviewing of the documents involved in the transaction.
About Sishodia PLLC
Sishodia PLLC’s team of professional NYC real estate attorneys pride themselves on their ability to navigate complex investment laws and intricacies to offer the most comprehensive advice and guidance possible for their clients. The lawyers at Sishodia PLLC take time to fully understand each client’s unique goals and circumstances, minimizing potential risks and issues. Call them today at (833) 616-4646 for a consultation.
Sishodia PLLC is a boutique New York real estate law firm offering experienced, individualized legal solutions to clients ranging from first-time homebuyers to seasoned real estate investors.
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