Miami Florida commercial property transactions are often more complex than residential home sales. Commercial property sales generally involve additional purchase agreement provisions to ensure that the buyer and seller get what they expect without surprises at the closing. Commercial property transactions may also involve additional parties because of the potential complexity of the sale.

A real estate attorney ensures that proper “due diligence” is done, disclosures are comprehensive, and risks are mitigated through proper contract provisions. If problems arise, you have an attorney taking care of the matter with primary goal of advancing your interests.

Poorly prepared purchase agreements often cause problems. An attorney may be hired to assist with the purchase agreement process to minimize the chances of misunderstandings, wrong expectations, and disagreements. The investment of properly preparing a purchase agreement in the beginning can prevent expensive litigation over errors later.

One risk when buying a residential home is that the property may be encumbered by a mortgage, lien, or another owner’s legal right to the property. These are often recorded in the government property records, but they are sometimes unrecorded or improperly filed. When this occurs, your right to the property may be at risk.

A Miami real estate attorney can help identify these problems in advance and advise you regarding ways to minimize the risk. If a problem occurs, a real estate attorney can seek court action to protect your rights in the property.