Commercial real estate law is a complex and nuanced area of the law. According to LegalZoom, approximately 33% of Americans over the age of 55 have a durable power of attorney.

If you are thinking about buying or selling commercial property, it's important to have an experienced attorney by your side. Here are four reasons why you need a commercial real estate attorney.

1. Review and Negotiate the Contract

When buying or selling commercial property, the contract is extremely important. You must have an attorney who can review and negotiate the contract on your behalf.

If you're buying property, your attorney will make sure that there are no hidden clauses in the contract that could end up costing you money down the road. Also, your attorney will ensure that you get the best possible deal if you are selling property. If you do not have an attorney review and negotiate the contract, you could end up losing money or getting taken advantage of.

2. Help Navigate the Complex Legal Process

Commercial real estate law is complex and difficult to navigate without an attorney. An experienced commercial real estate attorney will help you through the process, by avoiding legal complications.

If you are buying or selling property, it's important to have someone who knows what they are doing on your side. A knowledgeable commercial real estate attorney can help you avoid costly mistakes and save you time and money.

3. Protect Your Interests

Interests in commercial real estate can be extremely valuable. It is important to have someone who will protect your interests in a legal dispute. An experienced attorney will ensure that your rights are defended and that you get the best possible deal.

If something goes wrong during the transaction, your attorney will be there to help resolve the issue. Having an experienced attorney on your side is a great way to protect your interests and ensure that the transaction goes smoothly.

4. Help You Understand the Legal Jargon

Commercial real estate law is filled with complex legal terminology. If you are not familiar with this terminology, it can be difficult to understand what's going on during the transaction.

An experienced commercial real estate attorney will help you understand the legal jargon and make sure that you are aware of everything happening in the transaction. This will help you make informed decisions and avoid any surprises later on.

As you can see, commercial real estate law is complex and can be difficult to navigate without an attorney. If you are thinking about buying or selling commercial property, consider hiring an experienced attorney to help you through the process.