Missouri Commercial Real Estate Transaction 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.
Commercial Real Estate Lease Lawyer
Commercial real estate leases 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 commercial real estate lease 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.