Long Beach Commercial Real Estate Lawyers

Long Beach Commercial Real Estate Lawyers, CA

Find the Right Lawyer Now

Commercial Real Estate Law in California

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

The laws governing commercial real estate in Long Beach, California are quite different from those applying to residential real estate.

Buyers and renters of residential property enjoy a massive number of legal protections. Many of these protections don't apply to buyers or renters of commercial property.

These include implied warranties of habitability, rent control, and covenants of use and quiet enjoyment, among various others. Of course, the most general protections, such as prohibiting the seller from actively concealing defects, apply to both.

Common Commercial Real Estate Law Issues in Long Beach, California

Financing: Most small business owners in Long Beach, California don't have the money to buy real estate with the cash on hand. Nonetheless, there is a solution to this problem, permitting 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 bought is used as collateral for the loan.

Disclosure of Defects: Sellers of real estate have an requirement to inform prospective buyers of any defects present in the property, such as water damage and other structural problems. Essentially, if the defect is significant enough that it might affect a reasonable buyer's decision on whether or not to purchase the property, and the seller knows about it, it must be disclosed. Failure to disclose such defects would give a buyer the right to sue the seller, and recover considerable damages, including the cost of repairing the defect, compensation for any injuries or illness caused by it, and the reduction in the property's value caused by the defect.

Duty to Inspect: Buyers of commercial real estate are expected to be diligent, and a court will not reward a lack of diligence. Thus, 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: Encumbrances are defects of a different type: rather than physical defects, they are defects of title. In Long Beach, California, an encumbrance is an interest in a piece of real estate held by a third party, such as covenants or easements. An easement is a right held by someone to use the property of someone else for a particular purpose. For instance, a person might have an easement on the land of another person, allowing them to cross the land to access a public road.

Find a Long Beach Lawyer that Specializes in Your Area of Need:

Can a Long Beach, California Attorney Help?

Because of the importance and potential complexity of the issues surrounding commercial real estate, it's almost always judicious that, before engaging in any real estate deal, you obtain the counsel of a good Long Beach, California real estate attorney.

Commercial Real Estate Attorneys in the Largest CA Cities

Show California Cities

Life in Long Beach

Long Beach, California is best known as "the LBC" by rap and pop music fans. Long Beach is actually the 7th largest city in California with just under 500,000 residents. Recently, Long Beach was named the "Aquatic Capital of the Nation" because the Port of Long Beach is one of the world's largest container ports and plays a substantial part in the global economy. The City of Long Beach is does not only revolve around the port. Many oil, aircraft, automobile, electronics, and home furnishings manufacturing plants are located in Long Beach. The city has seen an influx of new residents since the aerospace and other technology industries have begun to boom. In fact, Boeing produces DC-8s, DC-9s, DC-10s, MD-11s, C-17s, and the Boeing 717 all from their Long Beach production plants. Boeing is the second largest employer in Long Beach in front of California State University Long Beach and behind the Log Beach Unified School District.

Long Beach has obviously made production and transportation one of the cornerstones of the economy so you shouldn't be surprised to find the bevy of ports, busses, airports, freeways, highways and bike paths that have been masterfully incorporated into the city's design. Long Beach announced its vision to become the most bicycle friendly city and has really followed through. The city has identified traffic routes and destinations and created bike routes that are convenient and illustrated on the Long Beach City Bike Map for tourists and locals alike.

Commercial Real Estate Lawyers in Other California Cities and Towns


Find the Right Lawyer Now

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Real Estate, Housing & Property Law Lawyer
LegalMatch Real Estate, Housing & Property Law Lawyer Steven M.

Steven M.

Orange, CA

Real Estate, Housing & Property Law

Rating (6 users) *****
See Reviews
Real Estate, Housing & Property Law Lawyer
LegalMatch Real Estate, Housing & Property Law Lawyer Quoc V.

Quoc V.

Hillsborough, FL

Real Estate, Housing & Property Law

Rating (4 users) ****
See Reviews
Real Estate, Housing & Property Law Lawyer
LegalMatch Real Estate, Housing & Property Law Lawyer Mark W.

Mark W.

Alameda, CA

Real Estate, Housing & Property Law

Rating (10 users) *****
See Reviews
Real Estate, Housing & Property Law Lawyer
LegalMatch Real Estate, Housing & Property Law Lawyer Colleen M.

Colleen M.

Montgomery, TX

Real Estate, Housing & Property Law

Rating (9 users) ****
See Reviews

Need a Real Estate Lawyer?

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

Long Beach commercial real estate lawyer, Long Beach commercial real estate attorney, Long Beach commercial real estate lawyers, Long Beach commercial real estate attorneys, commercial real estate attorney in Long Beach