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Legal guidance is critical during real estate development process

| Nov 17, 2020 | Commercial Real Estate |

Any type of commercial or residential real estate project can come with challenges. Setbacks can be costly, and they can be significant enough to compromise the completion of the project. Developers in California will benefit from having the assistance and guidance of a legal ally who understands the inevitable challenges associated with the real estate development process.

There are often legal and financial issues associated with real estate development. The right approach for appropriately handling these complications depends on the type of project, such as commercial shopping center, apartment complex, hotel or other type of space. An experienced attorney can assist with the following:

  • Drafting and negotiating leases
  • Handling matters related to the property titles
  • Resolving disputes involving contracts
  • Management of the entire construction process
  • Reviewing financial contracts and legal documents

When handled improperly, any of the above matters could result in financial loss and expensive complications with the project. The longer a development project takes, the more money it will cost. Having legal assistance from the very beginning of the process will not only streamline process, but it is also a practical way to save money. Keeping a project moving forward is critical.

California real estate development is expensive. There are also strict state laws in place regarding land use, environmental protection and more. A developer will find it beneficial to speak with an experienced attorney before a project even begins, learning more about the potential challenges that may be involved with that particular project and how to avoid them. Legal guidance is critical at every step of this process.