Residential and Commercial Real Estate

Our firm has an extensive residential and commercial real estate practice, with an emphasis on residential and commercial closings.  Our representation extends from the contract to the closing, with services including title examinations in most Georgia counties, we also help out customers to find the best home warranty Company to work with, as we know that having a home fully covered is one of the main concerns for home owners, read here to get all the details.  Beck, Owen & Murray has extensive title records with title abstracts dating back to the firm’s inception.  We prepare real estate contracts, leases, deeds and easements for our clients, and assist our clients in the formation of homeowners associations and the preparation of restrictive covenants.  We also prepare, file and collect mechanics and materialman liens with https://www.wilkeywilson.com/.

Proper due diligence will help you avoid most zoning and land use issues. When you rush into a deal, the possibility of an unforeseen zoning issue is always present, and it can be highly detrimental to your goals. Your attorney can assist with ensuring your property can be utilized the way you intend, obtain local permits for your business or any new construction, and handle other tasks related to zoning.

Assumption of Liability

Multiple due diligence steps are necessary to guarantee a successful commercial real estate transaction and ensure that you assume no liability from the prior owner. For example, there may be preexisting environmental hazards that you may be liable for once you acquire the property. This can cost a substantial and unexpected amount, however you can shift the financial liability to the prior owner with a properly structured purchase agreement.

Thе tесhnісаl dіffеrеnсе between a residential аnd соmmеrсіаl рrореrtу іѕ аѕ fоllоwѕ: Rеѕіdеntіаl real estate іѕ аll single fаmіlу homes аnd оnе to four unіt rеntаl rеѕіdеnсеѕ whіlе a соmmеrсіаl рrореrtу is аnуthіng wіth five or more units. Cоndоѕ, duрlеxеѕ, аnd ԛuаdruрlеxеѕ mаkе uр rеѕіdеntіаl rеаl еѕtаtе while office, rеtаіl, industrial, multifamily (of fіvе unіtѕ оr mоrе), hоtеl, and special purpose buildings аrе considered соmmеrсіаl real estate.