Winter Garden Commercial Real Estate Lawyers

Find the right Commercial Real Estate attorney in Winter Garden, FL

Commercial Real Estate Law in Florida

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

Commercial real estate in Winter Garden, Florida is managed by laws which differ significantly from state and local laws that apply to residential real estate.

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

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

Common Commercial Real Estate Law Issues in Winter Garden, Florida

Financing: The majority of small businesses in Winter Garden, Florida can't afford to make large real estate purchases with the money they have in the bank. Nevertheless, buying real estate is sometimes essential 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.

Disclosure of Defects: Sellers of real estate have an obligation to inform prospective buyers of any defects present in the property, such as water damage and other structural problems. Basically, 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 significant 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. 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 Winter Garden, 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 particular 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 Winter Garden, Florida Attorney Help?

Because of the importance and potential complexity of the issues surrounding commercial real estate, it's almost always prudent that, before engaging in any real estate deal, you seek the counsel of a good Winter Garden, Florida real estate attorney.

Talk to a Real Estate Law Attorney now!

Life in Winter Garden

Winter Garden is located 14 miles west of downtown Orlando--home to Disney World! It is a small suburb with about 30,000 people.

Some popular sports include the Luther F. Tilden House, West Orange Trail, Winter Garden Downtown Historic District, Winter Garden Heritage Museum, Winter Garden Historic Residential District, and Garden Theatre.

Winter Garden is a small community filled with down-to-earth people. It is also home to many small law offices where attorneys strive to provide personalized attention to all their clients.

Overall, Winter Garden residents enjoy a wonderful quality of life and are very near the happiest place in the world!

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