Michigan Lawyers For Commercial Real Estate
At Kelly & Kelly, P.C., our attorneys handle Michigan real estate transactions and legal concerns for our individual, commercial and construction-business clients. Our real estate lawyers have the knowledge and experience to engage in any type of real estate issue our clients present, including property purchases and exchanges, leasing, financing and development issues. We are well versed in real estate law and offer full service from document review, to document and contract preparation, to representation and negotiation.
Legal Aspects We Assist Clients With
– Title Matters
– Boundary Disputes
– Commercial Leasing
– Condominium Law
– Construction Lien Foreclosures
– Construction Litigation
– Land Acquisition and Use
– Landlord / Tenant Transactions
– Like-Kind Exchanges Under Section 1031 of the Internal Revenue Code
– Negotiate Terms of Sale or Purchase
– Oversee Purchase and Sale of Commercial Property
– Prepare Documents for Closing
– Quiet Title Actions
– Tax Valuation
– Deeds in Lieu of Foreclosure, Short Sales and Other Distressed Property Transactions
Residential And Commercial Leases
From Florida to Michigan we work with Landlords and Tenants, who attempt to use form leases obtained from a realtor, a state approved form lease, or a fill in the blank lease found online for their property or business lease agreement. This is often done by clients who are hoping to save a few bucks in drafting or editing fees from a professional experienced in the trials and tribulations that arise in the commercial, residential, and vacation rental universe.
The costs of drafting or reviewing a lease for any of these situations is inexpensive when compared to the cost associated with the potential for future litigation that often follows.
For example, Michigan requires Truth in Renting, Security Deposit, and Limited Cancellation Notices that if not included in your lease with a Tenant, can jeopardize a Landlord’s ability to enforce the terms of the lease in the event of a Tenant’s future default. Pre-drafted forms fall into two main categories, one-sided in favor of the Landlord, or conversely, one-sided in favor of the Tenant, and the difference is often difficult to spot unless you have extensive experience in the area.
Non-standard provisions such as how and when utilities should be paid, how and when default occurs, how and when prepaid rent should arise or be paid, or even pet provisions (especially as they relate to service or emotional support animals- a rising problem nationally), should be drafted by a professional with knowledge and experience to predict future complications.
A trained legal professional can tailor the terms of any lease to best suit your position and needs. You wouldn’t fix your car’s malfunctioning engine if you don’t understand how everything under the hood works together, so why would you trust the internet or a pre-printed form for a lease agreement when you aren’t sure what troubles may lie ahead for your own personal rental situation?
A brief consultation and short drafting session can save you time, money, and keep your rental property running smoothly. It will also provide you peace of mind knowing that you will be generating a steady uninterrupted income for the duration of the lease.
Kelly & Kelly P.C. has dealt with these issues in multiple states for both landlords and tenants to arrange a phone, Skype, or in person consultation today before you sign your name on the dotted line!