The legal side of the commercial industry can be a bit daunting, as it has to take more aspects into consideration compared to the residential sector. Having a commercial real estate lawyer can make things more convenient:
Zoning Laws
For residential properties, zoning laws don’t necessitate an attorney’s help. For commercial businesses and projects, they’re a must-have resource. Zoning laws prevent and allow you to use properties for various purposes.
You will have to work with a commercial real estate lawyer for various cases of injunctive relief, administrative hearings, rezoning, and appeals. Business owners commonly set up appointments to educate themselves about local zoning ordinances before they acquire or lease a property.
Commercial Leases
If you’re planning to lease a property, real estate attorneys in Toronto will play a major role in various aspects. They will draft and review various documents and also negotiate various commercial leases. As a property owner, it’s necessary that you use a personally and professionally curated agreement.
Using templates can be a problem as these documents may not fully apply to your property’s conditions. If you have a document at hand, it’s also recommended that you let real estate lawyers in Toronto review it before signing any papers.
Permits and Land Use
Many concepts of land use and property rights relate to zoning, but the former two take laws and regulations regarding the environment into consideration, along with various permits and disputes with neighbouring property owners.
Disputes in this sector are common, leading to lawsuits where it becomes necessary to have a commercial real estate attorney to represent you in court. They help present your best interest and negotiate with the other party.
Real Estate Development Law
For commercial projects, real estate attorneys competent in real estate development law play a major role across the board. First, they educate you regarding the zoning laws of the municipality and land use. They also offer legal counsel about site evaluation from a legal perspective.
Real estate lawyers will also offer intel on purchasing, financing, and the necessary permits required to start construction and hand off the units to customers.
Work with the best estate lawyers in Toronto. Nanda and Associate Lawyers offers corporate lawyers, civil lawyers, commercial real estate lawyers, and family lawyers in Toronto.
Get in touch with us today or book an appointment with our professionals.
