Taylor Commercial Real Estate Lawyers

Taylor Commercial Real Estate Lawyers, AZ

Find the Right Lawyer Now

Commercial Real Estate Law in Arizona

In Taylor, Arizona, "commercial real estate" is any type of land or building which is used for a business, as opposed to residential, purpose.

The laws governing real estate in Taylor, 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 Taylor, Arizona

Financing: Most small business owners in Taylor, Arizona don't have the money to buy real estate with the cash on hand. However, there is a solution to this problem, allowing people without massive sums of money (but with a steady income) to buy real estate: the mortgage. A mortgage is a loan used to buy real estate, and the real estate being purchased is used as collateral for the loan.

Concealment of Defects: if the seller or lessor of commercial real estate actively conceals a material defect in the real estate, they can be liable to the buyer or renter for any damages caused by this concealment.

Duty to Inspect: Buyers of commercial real estate are expected to be diligent, and a court will not reward a lack of diligence. Therefore, if the buyer fails to conduct a thorough inspection of the property before buying it, and thereby fails to discover defects which such an inspection could have easily revealed, he will not be able to sue the seller over these defects later on.

Encumbrances: These are defects to title, rather than physical defects. They are legal issues which might make it difficult or impossible for a landowner to make full use of their land. In Taylor, Arizona, these might include easements. An easement is a right to use property held by a party other than the owner. This use is often very limited in scope, such as allowing the holder of the easement to cross the property to access a public road, or something similar. Such rights usually have to be recognized and honored by new owners, so if they buy property not knowing about them, they might be seriously inconvenienced.

Find a Taylor Lawyer that Specializes in Your Area of Need:

Can a Taylor, Arizona Attorney Help?

The issues surrounding commercial real estate in Taylor, Arizona can get fairly complex. Therefore, it's never a bad idea to have the assistance of an experienced commercial real estate attorney.

2 Real Estate, Housing & Property Law cases posted to LegalMatch lawyers in Taylor

Commercial Real Estate Attorneys in the Largest AZ Cities

Show Arizona Cities

Commercial Real Estate Lawyers in Other Arizona Cities and Towns


Find the Right Lawyer Now

Need a Real Estate Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now:

Taylor commercial real estate lawyer, Taylor commercial real estate attorney, Taylor commercial real estate lawyers, Taylor commercial real estate attorneys, commercial real estate attorney in Taylor