Baton Rouge Commercial Real Estate Lawyers

Find the right Commercial Real Estate attorney in Baton Rouge, LA

Commercial Real Estate Law in Louisiana

In Baton Rouge, Louisiana, commercial real estate is any form of real property (land or permanent structures) being utilized for business purposes.

The laws governing commercial real estate in Baton Rouge, Louisiana are quite different from those applying to residential real estate.

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

These absent protections include rent control, and warranties of habitability, among others. The most general protections, such as prohibiting sellers of real estate from lying regarding the property to the buyer, apply in any context, however.

Common Commercial Real Estate Law Issues in Baton Rouge, Louisiana

Financing: The majority of small business owners in Baton Rouge, Louisiana 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: Sellers and lessors of commercial real estate are under a duty to disclose any defects in the property which might impact the buyer's decision to purchase it, such as water damage, mold, or other structural problems. These defects are quite typical, and the buyer has a right to know about them. If the seller doesn't disclose these defects, where they exist, the buyer can sue for any harm this causes.

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: Undisclosed encumbrances are defects of another sort: defects of title. An encumbrance is any interest that a third party has in the Baton Rouge, Louisiana commercial real estate. These normally take the form of easements, which are rights held by third parties to use the land for a specific purpose. Easements can have profound effects on how a new owner can use the land, so it is necessary to know about them before buying.

Can a Baton Rouge, Louisiana Attorney Help?

These issues are sometimes intricate, and almost always very important. Therefore, it's necessary to seek the assistance of a Baton Rouge, Louisiana real estate attorney if you have any dealings in this area.

Talk to a Real Estate Law Attorney now!

Life in Baton Rouge

Baton Rouge is a great place to have some fun! For some fun in the sun, families can go to Blue Bayou Water Park. The park includes crazy waterslides and tubes, and cafes with great food. Right across the street is Dixie Landin Theme Park with great roller coasters and rides for all ages.

For a more relaxing outing, try a boat ride on Casino Riverboats. These riverboats feature live music, buffets, and gaming tables! Casino Riverboat rides are a great way to eat, drink, enjoy the water, and have some fun gambling.

Baton Rouge is also an area rich in history. There are many historical sites to visit, including the Enchanted Mansion Doll Museum, the Magnolia Mound Plantation, Mount Hope Plantation, and San Francisco Plantation.

However, fun is not the only thing Baton Rouge is about. Baton Rouge is filled with many great law firms that have a large clientele, are experienced in all practice areas, and have skilled lawyers working for them. Therefore, have no fear because any legal need can be met in Baton Rouge!

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