The Law Offices of Howard C. Berkson, LLC is real estate law firm in located downtown Chicago, and is a trusted resource for matters related to Illinois real estate law. With over 25 years of legal experience, Howard Berkson is well-versed in all areas of real estate law and can help you navigate through your residential or commercial real estate lease, sale, purchase or development project. The guidance and advice of an experienced Chicago real estate lawyer throughout your transaction is essential for your legal protection.
Chicago Commercial Real Estate Lawyer
Purchasing or selling commercial properties can be a complex process with a significant amount of money, effort and time at stake. An experienced attorney can help you with the following:
- Negotiation, drafting, and review of purchase, sale, and construction contracts;
- Purchase and review of title insurance to ensure clear and marketable title;
- Negotiating and reviewing commercial leases;
- Negotiating and review of loan documents that secure funding for commercial real estate projects;
- Advice and representation on land use and zoning law matters;
Residential Real Estate Attorney in Chicago
For many people, a home will be the largest purchase you will ever make in your lifetime. In addition, many people purchase homes and apartment buildings as investments and sources of rental income. The purchase or sale of residential real estate often involves significant sums of money and can have a direct impact on a person’s financial well-being and livelihood in both the short and long term. If adequate financial and legal due diligence is not performed in advance, the implications of a financial catastrophe loom over time. Consequently, people who are considering buying or selling residential real estate should seek legal counsel prior to signing any contracts.
There are many ways in which an attorney can assist both buyers and sellers in residential real estate transactions. Some of the more common include the following:
- Drafting or reviewing a purchase and sales contract to provide legal protections;
- Negotiating the terms of the transaction on your behalf;
- Research title to ensure that the property at issue is free from any liens or other encumbrances; and
When you retain an experienced residential real estate lawyer, you can be certain that your interests will be protected and that you will be fully apprised of the particulars of any deal into which you may enter. In many cases, hiring an attorney early in the process of buying or selling residential real estate can save a significant amount of money in legal fees, consultant fees, and other expenses that will occur should anything go wrong during the contract period or subsequent to closing the transaction.
Real Estate Development Law
Real estate development projects can be extremely lucrative, however, large sums of money may be at risk if errors are made or if disputes arise before, after, or during construction. In the development business, the old axium of ‘delay is death’ is as true in a development project as any other type of real estate deal. Taking on a project can require you to sign numerous contracts with various parties including contractors and lenders. Too many projects start without having construction milestones figured out. Change orders and interest on loans will cause a project to rapidly go from a success to an unmitigated disaster. It can happen so fast. Don’t start a project until you have ALL your due diligence completed. If you are considering any type of construction project, call a skilled real estate development lawyer today.
Whether you are developing a shopping center, an industrial or office complex, a residential property, or a multi-family condominium project, there are many legal requirements with which you must comply. An experienced attorney can assist you in the following ways, among others:
- Negotiation and review of lender documents;
- Obtaining all necessary licenses or permits;
- Drafting, negotiating, and reviewing of construction contracts; and
- Anticipating and resolving disputes with contractors or other third parties involved in the project;
- Overseeing lien right releases required from contractors
An attorney who understands all of the legal provisions relevant to your case can help you ensure that your development project is a success with as few complications or delays as possible.
Contact a Real Estate Attorney Today To Schedule A Consultation
Anyone who is considering buying, selling or developing real estate should retain legal counsel as soon as possible. To schedule an appointment with Mr. Berkson, call the Law Offices of Howard C. Berkson today at 312-800-3979. If you would prefer to send us an email, please use our online contact form available here.