Glendale Commercial Real Estate Lawyers

Find the right Commercial Real Estate attorney in Glendale, AZ

Commercial Real Estate Law in Arizona

In Glendale, Arizona, "commercial real estate" is any form of land or building which is utilized for a business, as opposed to residential, purpose.

The laws regulating real estate in Glendale, Arizona apply differently when dealing with commercial, as opposed to residential, real estate.

When renting or buying residential real estate, renters and buyers have significant legal protections which often don't apply to commercial real estate.

For instance, residential real estate is covered by laws concerning rent control, living conditions, and other things relevant to buildings where people will be living. Most of these protections don't apply to commercial real estate, because the law assumes that the average business person is a bit more sophisticated in such dealings than the general population, and because a place to do business is generally less important than a place to live. However, the most basic protections, such as protection from fraud and deliberate concealment of defects, still apply.

Common Commercial Real Estate Law Issues in Glendale, Arizona

Financing: The majority of small business owners in Glendale, Arizona 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: if the seller of commercial property acts to conceal a significant defect in the property, and then sells the property, he will be liable for any harm this defect cause, as well as the reduced value of the property, or the cost of repair.

Duty to Inspect: Lest you believe that the duty to disclose defects relieves any duty of diligence on the part of the buyer, the law will not reward such lapses with a major cause of action. Buyers have a duty to conduct a reasonable inspection of the property before they buy it, usuallyy with a licensed building inspector. If the buyer fails to do this, they won't be able to recover any damages for defects which they could have discovered through a reasonable inspection.

Encumbrances: An encumbrance is any interest held in a piece of property by a party other than the seller and the buyer. These property interests might make it very difficult for the buyer to use the land as they intended when they bought it. A common type of encumbrance in Glendale, Arizona is the easement. An easement is some right that a third party has in a piece of property. For example, suppose that, many years ago, a neighbor adjacent to the land you want to buy, paid a previous owner for the right to cross his land to reach a public road. Unless the agreement states otherwise, this right will usually apply to subsequent owners, and has to be honored. Therefore, it might interfere with the intended use of the new owner.

Can a Glendale, Arizona Attorney Help?

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

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Life in Glendale

Glendale, Arizona is a beautiful residential community located west of Phoenix, Arizona. For those who think there is nothing to do in residential communities, Glendale proves them wrong! Glendale has a variety of sites for tourists to visit, and plenty of things for people to do.

Glendale is home to many attractions that exploit the beauty of nature. For instance, Historic Sahuaro Ranch is a 17 acre property with seventeen ranch buildings to tour, along with a beautiful rose garden. Popular events such as the Antique Tractor and Engine show are held in this venue.

For all the sports fanatics out there, Camelback Ranch is located in Glendale. This ranch is known because the Los Angeles Dodgers and Chicago White Sox share this venue for spring training during baseball season.

To accommodate the needs of those who love the outdoors, Glendale has a very popular attraction known as White Tank Mountain Regional Park. White Tank Mountain Regional Park has approximately 21 miles of hiking and biking trails, with one that even has a waterfall! For children, the park has hiking and biking trails that are of lower levels of difficulty, as well as Petroglyph Plaza for children to express their creative skills.

The Xeriscape Botanical Garden, considered one of the best demonstration gardens in Arizona, has over 1,000 types of desert plants over 4 acres. The garden also has many walking paths so that visitors can stroll and enjoy nature. Tourists can also enjoy the walking and hiking trails at Thunderbird Park. The park, located over 1,000 acres of dessert preserve, has picnic sports and horseback riding along with the trails for hiking and walking.

Other popular attractions in Glendale include Arrowhead Town Center and Westgate City Center, two great places to catch a movie, eat at delicious restaurants, or shop till you drop!

With Glendale being very near to Phoenix, Glendale residents have the opportunity to access the Phoenix legal market for their needs. Many attorneys and major law firms have offices in Phoenix, Arizona. Therefore, Glendale residents can rely on the best firms with the sharpest legal minds to handle their legal needs.

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