3 Reasons To Hire A Corporate Real Estate Attorney As A Commercial Business Owner

As a commercial business owner, you may find times throughout your business endeavors when you need certain types of attorneys. However, one type of legal professional you may never think you will need is a corporate real estate lawyer. These professionals focus on areas of the law associated with property ownership and business owners. Therefore, they can be invaluable during certain situations and scenarios. Take a brief look at just a few of the reasons you may need to hire a corporate real estate lawyer for help as a business owner. 

Hire a corporate lawyer through mergers and acquisitions. 

When two commercial entities are merging into one, it is always important to have a good legal team on your side to ensure everything goes smoothly. You may be facing a merger with a smaller company, which means your company could be gaining new real estate property in the process. For example, if you are a commercial property owner that focuses on vacation rentals and you will be merging with a smaller company that does the same, the properties owned by both companies can bring about a lot of legal concerns as they are transitioned into the new combined business entity. 

Hire a corporate lawyer when you are expanding your company out of state. 

If you will be taking your business practice out of state, such as in the case of a franchise, it is always best if you have a corporate real estate lawyer to help you through the process. Building a new place of business on a piece of land in another state can bring about a lot of unknowns, especially when it comes to things like zoning regulations and property taxes. Your chosen attorney can make sure you are in the know about everything that could affect you as a commercial property owner so you know what to expect. 

Hire a corporate lawyer if you have issues with property taxes. 

Property taxes for commercial property owners can be all-out brutal in some states. However, there may be existing exemptions and workarounds available if you are finding the taxes so high that you can't keep them paid. Unfortunately, most commercial business owners are not so well-versed in these exemptions and workarounds, but a corporate real estate attorney definitely is. Make sure you reach out to one of these knowledgeable professionals if you have issues with the taxes you are expected to pay. 

To learn more, contact a corporate real estate attorney in your area.