As a business owner, it’s important to surround yourself with talented, capable colleagues and associates. You need subject matter experts to guide you through challenging times. There may even be occasions where you need legal assistance. When it comes to complicated commercial real estate matters, the right lawyer can all the difference. There are some obvious signs that you need a commercial real estate attorney austin.
Time To Close
If your company is purchasing a new building or property, or if you plan on selling your current space, you’ll soon close on the transaction. This meeting will bring you in front of your financial institution’s representative and others involved in this real estate process. There is a lot of paperwork to go over, including documents you must understand and sign. Before you do this, it’s helpful to have a commercial real estate attorney austin who has experience in closing procedures. In advance, your lawyer can prepare you for this event so you know the key points of the terms you agree to. Your attorney can also accompany you to the closing.
You Want To Appraise Your Property
Property values can fluctuate considerably and quickly. It’s no different in the business world. As you start to consider selling your building or financing your loan, you’ll want to know its value. This will help you determine how much equity you have and what you may be able to afford in your next transaction. Make sure you involve your attorney so appraisers don’t shortchange you.
It’s Tax Time
Paying your individual taxes can be stressful enough. At the end of the year, you should start preparing for your commercial tax returns as well. An experienced attorney has knowledge of tax rules and procedures to help this process go more smoothly.
Don’t put yourself in a bad position with your next real estate transaction. Hire a competent commercial real estate attorney austin today.