Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Commercial Real Estate law in Ann Arbor, as in the rest of the United States, pertains to the sales, acquisitions, leasing, and financing of commercial property. Such properties can comprise office buildings, shopping centres, apartment complexes, and more. The law also includes zoning and land use regulations, which can affect the development and use of a piece of property. It is also worth noting that in Michigan, the location of Ann Arbor, certain local ordinances related to commercial real estate may apply.
Several situations may warrant the need for a lawyer in commercial real estate transactions. These could include drafting and negotiating lease agreements, verifying zoning regulations, ensuring compliance with local real estate laws, navigating financing and lending contracts, addressing title issues, and managing dispute resolution. As commercial real estate transactions often involve substantial financial investment and potential liability, a specialised lawyer can help safeguard interests and mitigate risks.
Ann Arbor, like all municipalities in Michigan, has special zoning laws to regulate land use, construction and development within city limits. These zoning laws can impact the use and development potential of a commercial property. Local ordinances may also impose additional requirements on property owners, such as those pertaining to environmental sustainability and historical preservation. In Michigan, there are also state laws governing commercial leases and terms of eviction which commercial real estate players need to be aware of.
Yes, the city of Ann Arbor has specific zoning and land use ordinances which influence what a property can be used for and restrict certain types of development.
While it is not legally required to have a lawyer during a leasing process, having a lawyer can be beneficial to ensure the lease agreement protects your interests, understand the legal implications, and negotiate more effectively.
Zoning laws can determine what type of business can operate on a property or limit the extent of renovations and constructions. For example, a property zoned for retail may not be used for manufacturing.
Yes, the city of Ann Arbor has several environmental ordinances that property owners must adhere to, such as those related to stormwater management and tree preservation.
This will depend on the specifics of your lease agreement. Michigan state law provides certain protections in the case of lease terminations and evictions, but the details will be subject to the terms agreed upon in your lease contract.
The City of Ann Arbor’s Official Website provides resources on local zoning ordinances and permits. The Michigan State Bar provides resources related to commercial real estate law. For detailed state laws, consult the Michigan Compiled Laws. Nonprofit organisations such as Michigan Legal Help also provide useful resources.
If you require legal assistance in Commercial Real Estate in Ann Arbor, it is recommended to consult with a specialized Commercial Real Estate lawyer. Look for a lawyer who is familiar with Ann Arbor and Michigan state law. You can find a lawyer through the State Bar of Michigan’s Lawyer Referral Service or through local law firms.
