The work of lawyer who is specialising in commercial property generally involves purchase, sale and lease of property for example lease of shops for commercial use. This will include industrial units, offices, units of production and retail facilities.
The role of a commercial property lawyer is to examine legal matters of the commercial property purchased or sold. They focus on issues of rent, rules of registration, deeds and property licenses.
The commercial real estate solicitor has to cope with the pressure of the legal work and must be able to meet the demanding deadlines. They must have that commercial knowledge and be capable of handling such huge volumes of data quickly that needs strong analytical skills. They usually work in teams therefore it is essential that they have good communication and interpersonal skills. It is important for them to have flexibility as there may be more legal services involved than initially anticipated.
They are very good advisors and can also help in resolving dispute arising from inheritance and property rights. A commercial property lawyer can also be helpful in the following cases:
- Delay of work or termination
- Breach of contract
- Use of poor quality materials
- Issue of non payment and collections
- Poor workmanship
- Injury to workers
If you are dealing with a commercial property owner, it is a good practise to know well in advance the charges involved before commencing any dealings. It is better to search firms that charge a flat fee than those who charge hourly.