If you are in the process of buying a commercial property, it is important to choose the right team of commercial conveyancing solicitors. The experience of a good solicitor is invaluable and they will act on your behalf to ensure the transaction process proceeds in a much smoother way. Though there are many law firms which offer this service, the key is to research law firms which provide this as a specialist service and thereby ensure that you appoint the right team of legal experts for the job. The best commercial conveyancing solicitors should have years of experience and knowledge to help you through the purchasing process. You can use the Law Society website to search for law firms and/ or solicitors which specialize in commercial property and commercial conveyancing. |
Whether you are an individual or a company buying commercial property, an experienced commercial conveyancing solicitor should be able to seamlessly guide you through the transaction process thereby ensuring you obtain ownership of your new property as soon as possible.
They should be able provide a fixed fee quote at the outset of the transaction which should include all disbursement fees including land searches and also any tax/ duty payable on the transaction. A firm of solicitors dealing with commercial conveyancing will offer help with a wide range of different commercial property transactions including: · Business and Commercial Property Sales and Purchases
· Commercial Landlord and Tenant matters
· Secured lending
· Transfer/ Assignment of Commercial Leases.
· Drafting and negotiating new Commercial leases
Overall, attempting to buy a commercial property without the assistance of a professional is a risky approach as there are many problems that can occur along the way which you might otherwise not be aware of. These problems could eventually lead you to incur additional costs in trying to resolve the legal issues or in the worst case scenario force you to sell the property at a significant discount to the price you paid on purchase. Appointing a commercial conveyancing solicitor should help you to identify any risks at an early stage and evaluate/ deal with the risks accordingly.
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