All About Sales And Leasing Of Commercial Real Estate
Selling and leasing property in north-central and eastern Washington and beyond can be challenging. To obtain the best results possible, consult with attorneys who have local knowledge of the area and understand the unique issues that can arise. Our Washington real estate sales and leasing lawyers at Jeffers, Danielson, Sonn & Aylward, P.S., have been practicing in this area for decades. They are familiar with the issues that can arise during a real property transaction in this area and have the skills and experience to achieve success.
Why Choose Us?
We understand that whether you are selling a property or negotiating a commercial lease, you need lawyers who have successfully dealt with Washington real estate time and time again. Without this local knowledge, your transaction could suffer from unnecessary delays or reach an impasse, causing disaster for your business and your bottom line. You can’t afford to take that chance.
Location, Location, Location
Not only do we have professional relationships with key players in the industry, but we also are centrally located should the need for litigation or an administrative hearing arise. This distinction sets us apart from other firms and provides our clients with an advantage.
Due to our knowledge of Washington real estate, we can often anticipate issues before they arise. We are well-versed in the ever-changing local, state and federal laws that may affect your transaction, such as a recent law regarding local Opportunity Zones and can advise if those laws may benefit you. Whether your transaction is in Chelan, Douglas, Grant, Adams, Kittitas, Okanogan or Walla Walla counties or beyond, our unique combination of experience, local knowledge and attention to detail can help you complete a successful transaction.
We Provide Value
When you hire our Washington real estate sales and leasing lawyers at JDSA Law, you receive much more than the services of a single lawyer. As one of the largest law firms in north-central and eastern Washington, our legal team comprises lawyers who practice in multiple areas of law. If you have a tax, construction law or agricultural property issue, for instance, we can consult with other members of our team to get the answers you need quickly – all under one roof.
Examples of common questions surrounding sales and leasing:
- Do I need to change business entities for the sale of my property?
- What are the tax consequences of my sale?
- Is it to my advantage to do a 1031 tax exchange?
- Am I asking a fair price for my property?
- Are there any clouds to title that I am not aware of?
- If my buyer backs out, can specific performance be enforced?
- The lessee on my property isn’t paying rent, can I file for an unlawful detainer?
- What happens if I have a dispute between existing tenants and new owner?
Commercial real estate transactions can be extremely complicated, and unexpected issues can arise. Perhaps there is a problem with the sale of your property or a commercial tenant has defaulted on their lease. We are here to provide a prompt resolution and counsel regarding how to best protect your legal interests. If a resolution can’t be reached, depending on the client’s preference, we can use mediation, arbitration or litigation when necessary, whether your issues require an administrative, state or federal proceeding.
Our Real Estate Sales And Leasing Services
Draft sales and leasing documents: We can assist with negotiation and draft, prepare, review and evaluate documents required to accomplish the sale of your property or lease transaction. Other issues we can address that may arise as part of the sale include a 1031 tax exchange or the renegotiation of a lease for an existing tenant. You may need to change business entities to complete the transaction to receive the most favorable tax advantage. Regardless of the path ahead, our team is experienced in providing assistance across the many potential facets of your transaction.
Breach of contract/specific performance: Sometimes during a commercial sale, a buyer can back out of the transaction. At this point, if desired and allowed in the agreement, we can seek to force the sale via specific performance (a legal remedy).
Title insurance issues: Our personal relationships with title insurance companies in the area help us spot problems before they arise, helping your sale go through without a hitch.
Homeowners associations: Our real estate attorneys have experience drafting homeowners association (HOA) documents. Whether you are creating a new document or have an HOA dispute, we can provide assistance in facilitating a resolution and bring clarity to all parties involved.
Water rights: When it comes to real estate in north-central and eastern Washington and beyond, water rights are a rather common issue. Our experience in the area helps us navigate what can often be a complicated area of the law. Disputes can arise regarding water access for server farms, bitcoin mining or agriculture properties, for instance. Because of our experience and local knowledge of the area, we can help solve these problems quickly and efficiently.
Environmental issues: We are experienced with the local, state and federal laws governing environmental regulations and apply our knowledge of how these environmental laws and regulations have historically been applied in this area.
Agricultural issues: As a leader in agricultural law, we understand the unique aspects of these properties and are able to assist in achieving a successful transaction.
Leasing and landlord-tenant disputes: In addition to negotiating and drafting lease agreements, we are experienced at handling the many disputes that can arise in leasing relationships. We are keenly attuned to the laws that govern landlord-tenant disputes and unlawful detainers.
If you are selling a property or need assistance with a commercial lease transaction, come speak to one of our Washington real estate attorneys for guidance. We have a proven track record of success, and it shows in the results we obtain for our clients.