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Frequently Asked Questions
If you aren’t sure what the best option is for your commercial real estate deal, look through these frequently asked questions. If you need more clarity on any of the topics, you can schedule a free strategy session with one of our attorneys.
My property is owned through an LLC or corporation, can I still sell it?
If your real estate is owned through a company or owned by several people, you can still sell it. The process of selling the property may be very different, however. You will need to look over your organization agreements and forms, which is crucial to have an attorney do.
Are there restrictions on what type of business I can run from my property?
There are usually regulations and zoning laws in place that may change county to county, state to state. It is vital to know these laws and restrictions before buying a property or else your business can be subject to fines and lawsuits.
Is it smart to invest in residential property right now?
Investing in property is always a risk for the buyer, and gauging the best time to buy is tough. The right team around you is key. Your real estate broker and real estate attorney can steer you in the right direction for reliable properties and fair deals.
What if I have a loan on the property and want to sell?
You should be able to sell your property while owing on a loan or mortgage, but you should always consult with your lender before listing. There may be hidden or existing penalties for selling property before the loan is paid off.