Because you are reading this on our website through our newsletter, please take what we are about to say next as slightly whimsical rather than as a condemnation of the profession that we hold in high regard. Some hold the opinion that many people hate lawyers. When people perpetuate this idea, it may be rooted in bad personal experiences, how lawyers are portrayed through news outlets and on film, or because of learned stereotypes. We can be described as ruthless, unethical, and “willing” to win at the expense of others. Think about a time when a lawyer was depicted on TV as manipulating the legal system or exploiting loopholes to help their clients. With that in mind, it does make sense that people would distrust those in this profession.
We aren’t discussing this to sway you or change your mind about any past experiences you have had with members of the legal community. You are entitled to your opinion, and we respect that. Our reasoning for highlighting this is that we don’t want a previous encounter you have had with legal counsel—which could have been justifiably negative—to harm your future decisions. Our concern is that you may avoid speaking with an attorney when you need to because you are worried about something that happened previously.
Some Thoughts on How to Proceed
One of the reasons attorneys have initial consultations is to ensure they are the right fit for your case. Though it may seem strange, a person may contact a real estate attorney (like us), assuming they practice family law. This is an exaggeration, but it highlights how an attorney uses a consultation to verify that they have the background and experience to represent you in the way you need and deserve. On the other end, you, the client, may meet with an attorney and conclude that this is not the person you wish to work with, and you may arrive at that decision for several reasons. Remember, the consultation is for you too.
Real Estate Transactions
Real estate transactions can involve complex legal documents and processes. We are not stating this because we want to sell our value but rather as a statement of fact. Imagine you are a buyer interested in purchasing commercial real estate in Fort Lauderdale. This specific property includes several businesses, offices, retail stores, and restaurants—which is not uncommon for the area. Because this building has multiple tenants with different lease agreements, your attorney will provide you with critical services.
Your lawyer can research the transaction and explain the obligations, restrictions, and even the potential risks associated with each tenant and lease. You may also have to negotiate with (or renegotiate) lease terms, rates, and extensions during this time. Because your attorney understands your goals, they can advise and proceed according to your interests. It is beyond the scope of this article to elaborate on each one, but here are some other issues that may surface during this transaction.
Lease assignments and sublease agreements
Estoppel certificates
Land use and zoning considerations
Financing the sale and assisting during the due diligence process
Spectrum Title Services, LLC
You may have read the previous entry and said that you are buying a home for your family, and your real estate transaction will not be that complicated. However, this is likely one of your life's most significant financial decisions. Our office will guide and assist you with the contractual review, negotiation, title search, due diligence, and closing. Regarding closing, you want to sit down at the table knowing that all your documentation has been properly prepared, executed, and filed with the appropriate entities. Before you embark on your next transaction, contact our office for your consultation.