Portland Commercial Real Estate Lawyers

Find the right Commercial Real Estate attorney in Portland, OR

Commercial Real Estate Law in Oregon

Commercial real estate is any form of land or structure in Portland, Oregon which is utilized for business purposes, mainly the sale of goods and/or services to the public.

The laws in Portland, Oregon which regulate commercial real estate differ considerably from the laws governing the rental and purchase of residential real estate.

People who buy and rent residential unites have a higher deal of legal protections not available to buyers of commercial property.

These absent protections include rent control, and warranties of habitability, among others. The most general protections, such as prohibiting sellers of real estate from lying regarding the property to the buyer, apply in any context, however.

Common Commercial Real Estate Law Issues in Portland, Oregon

Financing: The majority of small business owners in Portland, Oregon probably can't afford to buy much real estate outright, with cash paid up front, so most small business buy commercial real estate with a mortgage. A mortgage is a loan taken out for the purpose of buying real estate, using that real estate as collateral for the loan.

Concealment of Defects: Sellers and lessors of commercial real estate are under a duty to disclose any defects in the property which might impact the buyer's decision to purchase it, such as water damage, mold, or other structural problems. These defects are quite typical, and the buyer has a right to know about them. If the seller doesn't disclose these defects, where they exist, the buyer can sue for any harm this causes.

Duty to Inspect: This is a companion to the duty to disclose defects. Usually, buyers of real estate are expected to inspect the property. If they fail to conduct a good inspection, they might not be able to recover damages if they are harmed by any defects which an inspection would have revealed.

Encumbrances: An encumbrance is some small ownership interest in land held by a third party, or some right held by a third party to restrict the use of a parcel of land. A typical encumbrance is an easement. In Portland, Oregon, an easement is some right of some third party to make limited use of land owned by someone else. For instance, cable companies often purchase easements from property owners (or they are imposed by the government) allowing them to string cable wiring from the telephone wires on the street to nearby houses. Like any other property right, the holder of an easement can prevent others from interfering with it. Obviously, if a buyer doesn't know about an encumbrance on a piece of land, he might find that he's unable to make the use of the land that he was expecting.

Can a Portland, Oregon Attorney Help?

Because of the complexity and importance of many of the issues regarding commercial real estate, it is almost always imperative to consult with a Portland, Oregon attorney before buying or selling commercial real estate.

Talk to a Real Estate Law Attorney now!

Life in Portland

Portland may be the 3rd most populous city in the Pacific Northwest but it's one of the most popular. Known as one of the greenest cities in the world, Portland has used city planning and public transportation to lessen residents' impact on their surrounding environment. In fact, Portland has been named the second most eco-friendly place behind Reykjavik, Iceland by Grist Magazine, and in top 10 greenest cities by Move, Inc.

P-town residents live among some of the most innovative microbreweries and distilleries. Widmer Brothers, Henry Weinhard, and Michael "Beerhunter" Jackson even dubbed Portland beer capital of the world. Portland Mayor Tom Potter nicknamed the city "Beertown."

Most people probably know Portland as the location of the Nike Headquarters (known as the Nike Campus) but the city also plays host to KEEN, Adidas, Columbia Sportsware, U.S. Bank, Oregon Steel Mills, Willamette Industries, and Louisiana-Pacific. Since the city is known as a "green city" you won't be too surprised to find there are a number of alternative energy companies there like Vestas Wind Systems.

Portland is unique in that the city hosts the worlds largest, and even legally sanctioned in Portland court, naked bike ride. The annual World Naked Bike Ride began in 1999 with less than seven participants but has grown to over 13,000. Another legal oddity you may not know is that there are very strong speech protections in the Oregon constitution that extend to full nudity and lap dances in strip clubs. Not by coincidence, Portland has more strip clubs per capita than Las Vegas or San Francisco.

If you need some help navigating these sometimes confusing courts, consult a local Portland lawyer today.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Nicholas M.
Nicholas M.

Real Estate, Housing & Property Law

Golden, CO

Carl M.
Carl M.

Real Estate, Housing & Property Law

Seattle, WA

David A.
David A.

Real Estate, Housing & Property Law

Walnut Creek, CA