Unlocking Opportunities: Navigating Commercial Real Estate with Pacific Legal

Commercial Real Estate

 

The real estate industry is one of the largest industries in all of Canada. Commercial real estate at that is required by every upcoming business and is an integral part of almost every business in the country. Due to the volatility of the industry and its very vast nature, the services of experienced lawyers who are well versed with the relevant laws and have in depth knowledge of the subject are required to help business succeed in their goals.

 

The team at Pacific Legal is well versed with all sorts of transactions related to commercial real estate laws and provides our clients with expert services with regards to real estate investments, development, leasing as well as finance.

 

Lawyers play a very important role in facilitating necessary transactions and providing advice and guidance throughout various stages of transactions. Expertise of lawyers can be used by the clients in order to ensure that deals which are conducted by them are in accordance with law and that the rights and interests of all the parties are protected. Ther services provided by our team to help facilitate these transactions are:

 

  1. Contract Drafting and Review:

One of the most important tasks for your commercial real estate lawyer is to draft and review any and all contracts that may come your way for your commercial real estate transactions. These contracts can range over a variety of subject matters such as sale and purchase, lease, financing etc.

 

  1. Due Diligence in Property Transactions:

Due diligence refers to when your lawyer inspects the documentation as well the physical property that is being purchased by you so that they can better advice you on the commercial real estate transactions . Due diligence includes title and off-title searches.  These can include review of realty tax charges, water/sewer charges, unregistered agreements, zoning compliance, work orders, fire protection, occupancy permits, heritage designation, development charges and surveys.

 

  1. Negotiations and Mediation:

Negotiation on part of the real estate lawyer can be both for contractual purposes as well as in cases of disputes. Mediation is a form of alternative dispute resolution wherein a third party mediator is present to help bring the two parties to an amicable solution. It is the duty of a lawyer to advice their clients in negotiations and mediations so that they can set their client up for success.

 

  1. Due Diligence:

Due Diligence refers to when a lawyer inspects the property to be acquisitioned along with the requisite documents. Due diligence is important for all real estate transactions. These can include review of realty tax charges, water/sewer charges, unregistered agreements, zoning compliance, work orders, fire protection, occupancy permits, heritage designation, development charges and surveys.

 

At Pacific Legal, we have an experienced team of lawyer dedicated to helping our clients obtain and maintain the best possible commercial real estate portfolios in Toronto. We pride ourselves in providing all essential services to our clients which help them achieve their commercial real estate goals; whether it be from initial due diligence, drafting and review of contracts and agreements, providing sound negotiation strategies to helping you safeguard your rights in dispute or litigation , we do it all.

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