Real
estate development demands legal attention in many cases,
especially given the dynamic scenario that businesses and
consumers work in today. In many cases, the assistance of
experts who understand the business intimately and from a
legal perspective is a prerequisite for success.
Representation
The consulting company or law firm can represent asset mangers, contractors, developers, entrepreneurs, consumers, the federal government, local government and property managers. Their customers typically seek answers or support in the form of advice from the organization about any/all facets of real estate development. The law firm or consulting company must be well experienced in commercial, industrial and multi-family residential projects. They must also provide assistance as relating to preliminary structuring, finance and tax planning, contract negotiations and closing and post closing matters.
Project Development
The law firm or consulting company will typically provide assistance to firms that are developing local or national projects, with a wide variance in the size and scope of a particular project. The firm helps its clients understand the terms, conditions and legal issues that may impact any and all facets of the project development from start to finish, including where and when to buy or sell real estate, how to minimize tax implications, the recruitment of other third party firms or contractors who may be involved in the project, labor and material contracts and much more.
Disposition of Unwanted Assets
Not all real estate assets are beneficial or desired. If this is the case, the law firm or consulting company can help its clients dispose of real estate investments and portfolios that due not fit in with the client’s long term financial needs.