St. Louis Commerical Real Estate Attorney
Many commercial real estate transaction attorneys lose focus on their purpose in the transaction. Some attorneys feel the need to fight out every last detail to the point that it destroys or drastically delays the transaction. It is important for an attorney to advise a client of the risks and benefits in a transaction, but to keep in mind the client’s initial goal, which is to buy, sell, lease or finance a property.
How Can a St. Louis Commercial Real Estate Attorney Help You
Commercial real estate leases in St. Louis are an especially important area of law. With anchor tenants going out of business, buildings being foreclosed and landlords enforcing personal guarantees, provisions such as a Subordination, Non-Disclosure and Attornment Agreement (SNDA) or co-tenancy provision, also known as “go dark” provision, are ever more important. A St. Louis real estate lawyer can advise you of your rights, what provisions should be negotiated and what provisions are less important. Finally, if you are the tenant, limiting when the personal guarantee can be enforced or deleting it altogether is key. A limited personal guarantee may also be used by a landlord to attract quality tenants to a property.
Call Our Commercial Real Estate Lawyers in St. Louis Today
With an office in St. Louis, TdD Attorneys at Law LLC represents clients in communities throughout Missouri. Contact our attorneys at (314) 276-1318 to schedule an initial consultation with an experienced commercial real estate law firm today.