How can I avoid common legal pitfalls when buying or leasing commercial real estate?

When buying or leasing commercial real estate in California it is important to understand how California law applies to this transaction. One of the most important steps to take when buying or leasing commercial real estate is to consult with a qualified real estate attorney. An attorney can provide you with advice on how to negotiate the purchase or lease and can help you avoid potential legal pitfalls. When negotiating a purchase or lease, there are several key issues to consider. First, it is important to understand any zoning laws that may apply to your commercial real estate transaction. Depending on the type of business you plan to operate, you may need to ensure the property is properly zoned for that activity. It is also important to ensure the seller or landlord is legally allowed to sell or lease the property. You should also review any contracts prior to signing them and make sure you understand the terms and conditions. Finally, it is important to understand any taxes or fees associated with the purchase or lease, such as property taxes or transfer fees. Working with a qualified real estate attorney can help ensure you understand all applicable laws and regulations and avoid potential legal pitfalls.

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How can I avoid common legal pitfalls when buying or leasing commercial real estate?

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