Real estate transactions can be a complicated process, especially for first-time buyers or sellers. From purchasing a new property to selling an existing one, legal issues, and complex contracts can come into play.
Selling or buying property is always a monumental decision to make, financially and emotionally, so it is essential to have the right advice and guidance throughout the process. As a real estate attorney at William H. O'Rourke, P.C., I assist clients with all aspects of purchase and sale transactions for residential and commercial properties in Denver, Colorado, and the surrounding area, including Glendale and Aurora
A real estate transaction involves the process of buying or selling a piece of property, and most often, related appurtenant personal property. This can include residential, commercial, or industrial properties. The transaction involves a legal transfer of ownership from one party to another in exchange for money or other valuable considerations.
Prior to my practice of law, I was a executive officer for a large mortgage lender, which required an in-depth understanding of real estate transactions and the financing component of such transactions. For many years I was an adjunct Professor of Law at the University of Denver Sturm College of Law, teaching "Real Estate Planning" to new young lawyers-to-be, regarding all aspects of residential and commercial real estate development, construction, purchase and sale transactions and the financing components of such transactions. These are some of the most common types of non-commercial real estate transactions:
Regardless of the type of real estate transaction you are dealing with, the process can be complex, involving multiple contracts, financing arrangements, and legal requirements.
Commercial real estate transactions encompass the buying or selling of properties designated for business purposes. Commercial properties often have custom contracts, and the transactions are more complex and riskier than residential ones. Here are some examples of commercial real estate transactions:
Representing Commercial Landlords and Tenants in the Negotiation of Commercial Leases for Office Space, Retail Space, Including Shopping Center Leases, Industrial Space and Raw Land. Whether representing a Landlord or a prospective Tenant of commercial property involves the review and negotiation of usually very long and complicated commercial leases. I have reviewed and negotiated literally hundreds of commercial leases over the past three plus decades and am very aware of the "hot button" issues for both landlords and tenants.
Representing Residential Landlords and Tenants. While the vast majority of my lease review on behalf of either landlords or tenants involves commercial property, I have substantial experience in negotiating residential leases and ensuring that my residential landlord clients are updating their form leases to provide all of the "tenant friendly" provisions as are required by Colorado law.
As a real estate attorney at William H. O'Rourke, P.C., I help clients with all types of commercial real estate transactions, not just retail shops, offices, and industrial properties.
Real estate transactions typically involve the following parties: the buyer, the seller, the real estate attorney, the lender and the title company, ensuring that good and marketable title is transferred to the buyer at Closing.
If you are considering selling or purchasing property in Denver, Colorado, or surrounding areas, contact my law firm – William H. O'Rourke, P.C. – to get the reliable and knowledgeable assistance you need.
Real estate transactions are complex, and disputes can arise from different angles. Some of the most common conflicts include:
These are not the only types of conflicts you may encounter in your real estate transaction. Contact an experienced real estate attorney in Denver, Colorado, to get help in resolving your disputes through different methods, including but not limited to mediation, arbitration, and litigation.
The process of buying or selling commercial or non-commercial property can get extremely complex, and without an experienced attorney, you may end up making costly mistakes. Here are some ways hiring a real estate attorney can be beneficial:
As you can see, the role of a real estate attorney is invaluable in navigating the complexity of real estate or commercial property transactions.
Real estate transactions are important investments for both buyers and sellers and knowing how they work can help ensure a smooth and successful process. If you are planning on buying or selling a property, it is important to work with a real estate attorney in Denver, Colorado, who can guide you through the process. Reach out to my office at William H. O'Rourke, P.C., for a consultation. The first 30 minutes are free of charge.