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COMMERCIAL CONVEYANCING
Buying or selling commercial real estate often demands a more
comprehensive legal process than required for residential
conveyancing . GM Lawyers is able to carefully guide you through
the steps necessary to enable a satisfactory conclusion to this
process. The first step is to ensure that the terms of the
contract adequately cater for your expectations because the
terms of the contract are the corner stone of your rights and
obligations as against the other party . With this in mind ,it
is essential that you consult us prior to undertaking a
commercial conveyance. Issues that you need to turn your mind to
that need to be dealt with in the drafting of the contract
extend beyond purchase price and settlement date For instance –
·
What are the buyers rights
if a third party ( e.g tenant, body corporate, or local
authority) possesses rights which are in direct competition .
·
Has the seller complied
with all state an federal laws relating to retail shop leases,
environmental protection, asbestos , gst.
·
How does the sellers
compliance or non compliance with state or federal law, affect
the buyer.
·
Should the buyer negotiate
a due diligence period to conduct enquires of special interest
to both parties.
The above list is not an exhaustive one. There are a multitude
of other issues that need to be addressed during the course of
this process. For more information on the commercial
conveyancing process, including details of costs involved,
please email us or call us
on
07 3286 5711
for an obligation free quote,
and we can provide a more in depth explanation of the service we
provide.
You can also schedule an appointment at our Woolloongabba
office by telephoning Mark McAvoy on 38440188. |
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