Delray Beach Commercial Real Estate Lawyers

Find the right Commercial Real Estate attorney in Delray Beach, FL

Commercial Real Estate Law in Florida

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

The laws covering commercial real estate in Delray Beach, Florida are quite different from those applying to residential real estate.

Buyers and renters of residential property enjoy some pretty substantial legal protections, because the law of most states presumes that shelter (being necessary to survive, for the most part) is more important than business. Therefore, many of these consumer protections don't apply to commercial real estate.

For example, commercial real estate typically isn't covered by rent control laws, nor does it carry with it an implied warranty of habitability (because people usually won't be living in it). Furthermore, it also doesn't come with a covenant of quiet enjoyment. However, some of the most basic legal protections (such as laws against fraud, and concealment of defects) apply in both the commercial and residential context.

Common Commercial Real Estate Law Issues in Delray Beach, Florida

Financing: The majority of small businesses in Delray Beach, Florida can't afford to make large real estate purchases with the money they have in the bank. Still, buying real estate is sometimes imperative for a business' survival. This problem is sometimes remedied by taking out a mortgage; a loan used to buy property, with that same property being used to secure 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 responsible 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. Consequently, 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 Delray Beach, Florida, 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.

Can a Delray Beach, Florida Attorney Help?

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

Talk to a Real Estate Law Attorney now!

Life in Delray Beach

Delray Beach, Florida has a lot more to it than beautiful beaches and ocean side charm. Historically, this is an area known to be a favorite of Native American hunters, trappers, and slaves. Years later, in 2007, this area was labeled as the United State's "drug recovery capital" because it became the country's largest recovery communities As a result, the mayor passed an ordinance making it illegal to operate sober houses.

Who would ever have though such an interesting history was behind Delray Beach. Currently, Delray's economy is largely based on tourism. The city is filled with beautiful beaches, and popular events such as The Delray Affair, The Delray Garlic Fest, Delray Walk, and Art Jazz on the Avenue. Many of these events are filled with music, good food and drinks, and a wonderful, entertaining ambiance. Other popular attractions include the Roji-en Japanese Gardens, the American Orchid Society Visitor Center and Botanical Garden, Spady Museum, Downtown Delray Arts District, and Cason Cottage.

Delray Beach is also filled with many law offices. These offices are run by attorneys dedicated to providing excellent legal services, while serving their community with personalized service.

All in all, Delray Beach is a beautiful area to live in; an area with an interesting past and a promising future.

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