If you’re purchasing or selling commercial property, you may already have a Realtor® in mind to assist with the process. However, there’s also another professional you should involve in the transaction: a commercial real estate attorney. These legal experts have experience and insight that could help protect your interests and the financial security of your business. Here are some reasons to consider hiring one. 

What Are the Benefits of Working With a Commercial Real Estate Attorney?

1. Prevent Costly Mistakes

Real estate attorneys have prepared and read many contracts and know exactly what to look for to ensure their client’s interests are protected. They’ll perform due diligence to make sure the property you’re considering doesn’t pose any major risks to your business, such as a lien for which you could be responsible.  

2. Handle Property Disputes Effectively 

If you’re experiencing an issue with the owner of a neighboring property or tenant, a real estate attorney can provide legal counsel to help you determine the best path forward. They understand your legal rights as well as that of any tenants or neighbors, and can therefore provide guidance that will help resolve the issue in a way that works in your favor. 

3. End the Paperwork Shuffle

Finalizing a real estate deal comes with dozens of pages of paperwork. While you’ll still need to sign and review key documents, a real estate attorney can keep all the pages in one centralized location. They’ll tell you exactly where to sign and can help you review the most critical documents, including the title and the contract. 

4. Understand Commercial Law

Most people don’t have in-depth knowledge of commercial real estate law, but an attorney will be familiar with zoning laws and other applicable regulations. They can help you understand what can and can’t be done with the property you’re buying or selling so that you can make sure you’re making the best financial decision. 

5. Save Time 

Attempting to learn commercial real estate law, keeping track of paperwork, and performing your own due diligence can be time-consuming. Assigning these tasks to a real estate lawyer allows you to focus on running your business, managing your assets, or any other priorities you may have. 

Whether you’re selling or buying commercial land or have another legal matter to address, turn to Hawaii Convey on Oahu. Serving the Honolulu area, these real estate attorneys can prepare deeds, review land documents, and provide additional legal services to make your transaction hassle-free. See their full list of services online or schedule a consultation by calling (808) 792-8777.