The lawyers at Lerners have been through the process countless times and know not only what to expect, but also potential complications and problems that could arise. We're well qualified to help you take care of the details of buying and selling your home. As a full-service firm, our experience and depth of expertise allows us to ensure that you get the best advice possible.
Buying or Selling Commercial Properties
Negotiating favourable terms for buying or selling commercial property can have a major impact on business profitability. Lerners is aware of the business realities involved in these transactions and moves swiftly to protect clients' business interests. Lerners' experience includes the following:
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negotiation of terms in the acquisition, financing, development, construction and marketing of commercial and industrial properties |
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the purchase and sale of properties for special use, such as hotels or retirement homes |
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preparation of all documentation, including special-use properties |
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negotiation of issues related to rental use of property, such as existing tenancies, rental prepayment or collection of arrears of rent |
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negotiation of issues related to environmental reports on the property |
Buying or Selling a Condominium
Whether you are buying or selling a condominium unit, the agreement of purchase and sale must be specially prepared to reflect the unique differences between a condominium and a single-family home. Your lawyer must be knowledgeable about the information to be included in a well-prepared offer and which information the condominium corporation must disclose about the unit being purchased.
Buying or Selling Farm Properties
As farms get larger and become agribusinesses subject to increasing regulation, the legal issues involved in the purchase or sale of such properties become more complex. Lerners has considerable experience in this area and can advise on the following:
creation of the family farm corporation
succession issues and tax planning
environmental issues
quota
Commercial Leases
A carefully drafted lease is a vital contract for all parties involved. Lerners has negotiated leasing arrangements for both landlords and tenants, including the following:
negotiation of terms for retail, office and industrial leases
arrangement of renewals and amendments
preparation or review of all leasing documents
negotiation and preparation of documents for long-term ground leases
Mortgage Financing
Secured financing of commercial real estate can be complex, involving many aspects of corporate and commercial law. Lerners brings the depth of a full-service firm to assist in the following:
commercial loan transactions, including acquisition, construction and development financing
collateral mortgage financing
joint venture/partnership agreements
Mortgage Remedies
When a mortgage is in default, prompt legal action protects lenders' assets. Lerners is fully experienced in every mortgage remedy, including the following:
power of sale
foreclosure
receivership
Real Estate Litigation
It takes experience and judgment to know when to litigate and when to settle. Lerners has successfully represented clients on both sides of the following matters:
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aborted transactions, default proceedings, post-closing litigation and deficiencies |
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condominium litigation, including by-law enforcement, common expense liens, court applications and power of sale |
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construction liens and trust claims |
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landlord and tenant disputes |
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mortgage enforcement, including power of sale, foreclosure, possession and shortfall actions |
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property disputes |
To hire a legal specialist in any of these areas of law, find a real estate and land development lawyer or contact us, and we'll be happy to refer you to one.
