When I started getting into trouble I became pretty acclimated to legal procedures. Calling my attorney and working out bail was just another way to spend a Saturday night. Unfortunately, the stiffer the charges, the more difficult it was to talk my way out of a bad situation. After so many charges, I found myself slapped with a long jail sentence, and I realized that I wanted to turn things around. Fortunately, my lawyer was able to walk me through yet another process, so that I could make the right changes. My blog discusses how to emotionally cope with legal issues so that you can start living a good life.
If you own and rent out commercial real estate, there may come a time when you have a dispute with one of your tenants. They may be disputing a contractual rent increase, they may be failing to pay their rent, they may be making illegal modifications to your space, or they may be trying to terminate the lease without paying you an early termination fee. Regardless of what dispute you are having, hiring a commercial real estate attorney to help you can be beneficial. Here are a few of the reasons why.
An Attorney Can Review the Lease and Discuss the Legality of the Lease With You
One of the ways that a commercial real estate lawyer can help you if you are involved in a tenant-landlord dispute is by reviewing your exact lease and discussing the terms of the lease with you. In a perfect world, you should always use a lease that a commercial real estate attorney draws up for you. But, many people do not. Unfortunately, this may mean that certain elements of your lease are not valid or that you may not completely understand the lease. An attorney can let you know exactly what your lease says and what you can legally pursue and require based on that lease.
An Attorney Can Send Out Legal Letters to Minimize the Chances of Litigation
Another way that a commercial real estate attorney can help you if you are having problems with one of your commercial tenants is by sending out legal letters or notices to help minimize the chances of litigation. For example, you may have a tenant who is moving out, yet not paying their lease termination fees. They may think you will not do anything about it. But, once they get a letter from an attorney, they may see you are serious and their tune may change.
An Attorney Can Represent You If Your Case Goes to Court
Lastly, a commercial real estate attorney can help you if you or your tenant wish to pursue the issue within the courts. An attorney can help you to file a case, ensure the paperwork is filed properly, work to serve the other party, and then present your case to a judge. This provides you with the best chance of winning your case.
No one wants to be involved in a tenant-landlord dispute, but unfortunately, it happens. If you own commercial real estate and are in a dispute with one of your tenants, you need someone who can help you in case that dispute escalates and becomes a legal problem. A commercial real estate attorney can provide you with advice based on your exact lease, can work to minimize litigation and can help you if your case goes to court. Reach out to a commercial real estate lawyer to schedule a consultation.Share