What is the role of a real estate lawyer?

A real estate lawyer in Virginia plays an important role in protecting their clients in commercial real estate transactions. Commonly, real estate lawyers negotiate contracts, review deeds and other documents related to the purchase, sale, or lease of commercial real estate. Real estate lawyers also help the parties to a transaction understand their rights and obligations under the law. Real estate lawyers may also be necessary to navigate disputes that arise from a transaction. For example, if a landlord and tenant disagree about the terms of a lease, a real estate lawyer can step in to help resolve the dispute. The lawyer will review the contract and work to come to a fair and equitable agreement for both parties. Real estate lawyers can also offer important guidance when a commercial real estate transaction involves complex regulatory or environmental issues. They may be able to structure a deal to minimize risks and ensure that their client is in compliance with local and state laws before closing the transaction. Finally, real estate lawyers provide much-needed advice and guidance before and during any commercial real estate transaction. They can offer insight on structural and financial issues, draft and review documents, and act as a mediator if a dispute arises. In sum, real estate lawyers are invaluable participants in a complex and ever-changing commercial real estate market in Virginia.

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