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North Carolina Commercial Real Estate Lawyers

Mark Stevenson avatar
Mark L. Stevenson is a skilled attorney and short-sale negotiator barred in Virginia , North Carolina, and Michigan. Currently, his practice focuses on Real Est...
John M. McCormick avatar
John is passionate about entrepreneurship and business development.Like many entrepreneurs, he has launched both successful and failed businesses. A true belie...
Joel C.  Harbinson avatar
Joel C. Harbinson attended the University of North Carolina at Chapel Hill and graduated in 1977 with an A.B. degree and from the University of North Carolina a...
W. Carey Parker avatar
W. Carey Parker was born and raised in Statesville, North Carolina. After law school he returned to Statesville to join his father, David P. Parker, practicing ...
Anthony S. Privette avatar
Mr. Privette has developed a diversified law practice and is capable of handling your legal needs. He is experienced in business and civil litigation, advising ...
C. Jason Ralston avatar
Jason is a 1993 graduate of Oak Ridge Military Academy. From there, he attended The Citadel, the military college of South Carolina. He earned his Bachelor of ...
Kevin McIntosh avatar
Kevin's practice consists of transactional law involving corporations, partnerships, and secured transactions, as well as real estate transactions, contract law...

Property transactions are complicated, requiring expert attention to vital requirements in the contract, and state, or federal laws. An North Carolina commercial real estate lawyer will work with you as you buy, lease, sell, or develop a commercial property, so that you can feel confident that no step has been overlooked. 

What is a Commercial Real Estate Lawyer?

A commercial real estate lawyer works with commercial clients to manage the legal aspects of commercial real estate transactions. Commercial real estate lawyers typically work with developers, insurance companies, property owners, or asset-based lenders. 

What Does a Commercial Real Estate Attorney Do?

A commercial real estate attorney works with commercial clients to:  

  • Review commercial real estate contracts to safeguard the interests of their clients;
  • Support the process of negotiating and contracting with a buyer or seller;
  • Draft loan contracts secured by real estate assets;
  • Manage the process of acquiring titles; and/or
  • Negotiate liens with lenders.

When Should You Hire a Commercial Real Estate Lawyer in North Carolina?

You should consider hiring a commercial real estate lawyer whenever you are seeking to protect your commercial property rights. An North Carolina commercial real estate attorney can serves you ifn: 

  • You are seeking to extend commercial real estate financing, such as construction loans or mezzanine loans;
  • You need an attorney to review or negotiate real estate contracts or represent you in a property litigation matter; 
  • You are undertaking real estate transactions, including buying, selling, or leasing;
  • You require an attorney opinion letter for the lender or buyers lender;
  • You are in correspondence with the buyer’s or seller's attorneys;
  • You are facing challenges with commercial zoning and land use laws;
  • You are considering whether to make a tax abatement application;
  • You require an explanation of any real estate legal documents;
  • You require help with preparation and representation at closing; and/or
  • You are dealing with a contract dispute. 

How to Find a Lawyer for Commercial Real Estate?

To find the best commercial real estate lawyer in North Carolina, begin your search at the Lawrina legal directory. Perform a search by selecting the relevant practice area from the options provided and choose the state where the commercial property is located. 

How Do I Choose a Commercial Real Estate Attorney in North Carolina?

Once you have selected the legal issue and your state, the directory will provide you with several qualified attorneys. To choose an appropriate attorney, consider: 

  • Expertise - Ensure the lawyer you select is a real estate attorney. Avoid working with an attorney specializing in an area of law that is not real estate. Commercial real estate law is complex and ever-changing. You will want to work with an attorney with sufficient knowledge in commercial real estate, which can be determined by the number of years of experience and estimate of the value of transactions handled. 
  • Examine reviews - Seek out online reviews of the attorney’s quality of work and client satisfaction. You may consider avoiding working with attorneys with negative reviews and comments on their profiles. Consider asking any potential attorneys for references of past clients they have handled who had an issue similar to yours. 

How Much Does a Commercial Real Estate Lawyer  Cost on Average in North Carolina?

The cost of engaging a commercial real estate law firm depends on the nature of service the attorney is providing. First and foremost, the price depends on the real estate contract; for instance, some mortgage lenders require that an attorney be present at closing while others do not. The agreement may also indicate who bears the responsibility for the closing costs. 

On average, a lawyer for commercial real estate from North Carolina costs between $2,000 to $15,000, or $350 per hour. Most attorneys’ pricing ranges are: 

  1. $2000 - $5,000: Basic contract drafting or review, closing review, and general counsel. A quiet title action, that is uncontested and straight forward will cost approximately $2,000, while a complex and contested title action will be upwards of $4,000.
  2. $5,000 - $10,000: Mid-size commercial transactions or relatively minor issues such as title disputes and forms of contract negotiations.
  3. $5,000 - $30,000: Zoning and land use compliance issues, large commercial transactions, and disputes.  
  4. $2,500 -  $10,000: Commercial litigation cases.

Do Commercial Real Estate Attorneys Usually Charge for Consultations?

A commercial real estate attorney may not charge for the initial consultation. The initial consultation is the chance for the attorney to understand the main issues of your case and the level of effort required to protect your interests. It is also your chance to examine the attorneys' experience and seek out references to determine if they are the right fit for you.

Frequently Asked Questions

Do I Need an Attorney if I Have a Real Estate Agent?

Agents are good at locating properties and handling non-legal aspects of negotiations. While some real estate agents or brokers are good at their jobs and are capable of providing services that border on legal work, they may not be your best option. Commercial or residential real estate transactions are complex, and an agent may not be in a position to give legal counsel that will save you money. It is always prudent to have an attorney available to advise you on the business and legal implications of the transaction(s).

What Legal Protections Do I Have if a Commercial Real Estate Deal Turns Sour?

As a matter of principle, avoid trying to navigate commercial leasing laws or purchase agreements without the support of an attorney. The law expects commercial parties in a transaction to undertake due diligence and protect themselves from fraud or bad deals. It is prudent to work with an attorney on the due diligence processes, which entails reviewing every aspect of an agreement and all facts about a commercial real estate transaction. 

What Is a Clear Title, and How Do I Check if a Property Has One?

A clear title is a property that has no ownership contestation. With a clear title, there is no doubt about the legal owner of the property. You or your attorney can conduct a title search to establish if the seller has the full ownership and right to sell the property.