Legal Services
Commercial Real Estate Transactions
Commercial and investment property transactions involve more due diligence, more parties and more risk than a residential closing. The law firm manages the agreement, the searches, the financing conditions and the closing. When the commercial mortgage is processed through RMA Mortgages with our team, the legal fees for the closing are discounted.
- Commercial Purchases and Sales
- Multi-Unit and Investment Property
- Financing and Refinancing
- Due Diligence and Title Review
Scope of Work
Every transaction is different, but the following are typical.
- Drafting and negotiating agreements of purchase and sale
- Title, zoning, environmental and corporate searches
- Review of leases, estoppel certificates and rent rolls
- Coordination of lender requirements and legal opinions
- Closing, registration and post-closing reporting
FAQ
Common Questions
How long does a commercial transaction take?
It depends on the financing, any environmental reports and the due diligence conditions in the agreement. The law firm sets out the steps at the start.
Are discounted legal fees available on every commercial deal?
The discount on legal fees applies when the commercial mortgage is processed through RMA Mortgages with our team and the law firm handles the closing. Terms are confirmed in writing at engagement.
Can the law firm act for both buyer and seller?
Generally no, due to conflict rules. Each party should have independent representation.
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