Edgar Georgen

Hiring A Commercial Real Estate Attorney – What Are Some Important Questions To Ask?

CRE or Commercial real estate is a type of property that is exclusively used for the purpose of business or to offer a workspace instead of a living space. Properties of these types are often leased to tenants for carrying out businesses. This type of real estate can be anything from a small gas station to a major retail store, restaurants, office space and much more. Know about some of the important questions that you need to ask while hiring a commercial real estate attorney, Laguna Beach.

How much negotiation experience do you have?

You need to ask about the number of commercial transactions that the lawyer has possibly been involved in. Know about the most complex transaction that he / she has been involved in till date, whether the Laguna Beach attorney has represented both sellers and buyers in the transaction of a commercial property, the number of retrade or renegotiation contracts for commercial real estate that the professional has completed, etc.

What is the total number entities that have you created?

The entities developed for clients can include Limited Partnerships, Limited Liability Companies etc. Find out whether the professional can write opinion letters on such entities for lenders.

How much are your fees?

You need to ask about the amount of fees charged by the attorney, and whether they are retainer or hourly. It would be good for you to hire a lawyer associated to a Real Estate law firm in Del Mar that has retainer fee type, which might be more affordable for you.

Author Bio

Edgar writes often about the legal services and help. His articles may include topics like commercial estate planning, foreclosure, brokerage laws to help the people in needs. You can find her thoughts at real estate attorneys blog. Do you have more questions about real estate investing? Contact a real estate law firm in Del Mar here.