Best Commercial Real Estate Lawyers in White Plains

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Verrill Dana LLP.

Verrill Dana LLP.

White Plains, United States

Founded in 1862
213 people in their team
Decency, honesty, and judgment. The values that define Verrill as a law firm are the reason our clients trust and choose us time and time again. We...
English

About Commercial Real Estate Law in White Plains, United States:

Commercial Real Estate refers to the legal aspects surrounding the purchase, sale, lease, or development of properties used for commercial purposes in White Plains, United States. This can include office buildings, retail spaces, industrial properties, and more. Commercial Real Estate Law in White Plains governs the rights and obligations of parties involved in these transactions, ensuring compliance with local regulations and protecting the interests of businesses and investors.

Why You May Need a Lawyer:

Engaging a Commercial Real Estate lawyer in White Plains is crucial to navigate the complexities of property transactions. Some situations where legal assistance is advisable include:

  • Buying or selling commercial property
  • Negotiating lease agreements
  • Resolving landlord-tenant disputes
  • Obtaining permits and licenses
  • Litigation related to commercial property

Local Laws Overview:

Understanding the local laws that impact Commercial Real Estate in White Plains is essential. Key aspects to consider include:

  • Zoning regulations: White Plains has specific zoning ordinances that dictate land use, permissible property types, and building requirements.
  • Title and deed issues: Ensuring proper ownership documentation is vital to avoid disputes and challenges to property rights.
  • Tenant rights: Commercial leases must comply with state and local laws to protect the rights of tenants and address issues such as rent increases, repairs, and lease termination.
  • Environmental regulations: Compliance with environmental laws is crucial in Commercial Real Estate to assess potential contamination, conduct necessary remediation, and avoid liability.

Frequently Asked Questions:

Q: How do I negotiate a commercial lease in White Plains?

A: Negotiating a commercial lease involves various considerations, such as rental terms, renewal options, maintenance responsibilities, and rent increases. It is advisable to consult a Commercial Real Estate lawyer who can help review the lease, negotiate favorable terms, and protect your interests.

Q: What legal aspects are involved in buying commercial property?

A: Purchasing commercial property requires conducting due diligence, reviewing contracts, handling title searches, negotiating financing terms, and ensuring compliance with zoning and land use regulations. An experienced Commercial Real Estate lawyer can guide you through these processes and mitigate potential risks.

Q: Can a landlord evict a tenant without notice?

A: No, in White Plains, landlords must follow proper legal procedures to evict a tenant. This typically involves providing notice, filing eviction paperwork with the court, and obtaining a court order. However, specific notice requirements and processes may vary based on the terms of the lease and local laws.

Q: Are there any tax implications related to commercial property transactions?

A: Yes, commercial property transactions may have tax implications such as property transfer taxes, capital gains taxes, and taxes on rental income. It is recommended to consult a tax professional or Commercial Real Estate lawyer to understand and plan for the tax consequences associated with your specific transaction.

Q: What is the difference between a lease agreement and a license agreement?

A: A lease agreement grants the tenant exclusive possession and legal interest in the property for a specified period, generally in exchange for rent. In contrast, a license agreement gives the licensee permission to use the property for a specific purpose without granting exclusive possession or creating a landlord-tenant relationship. Each agreement has distinct legal implications, and it is essential to work with a lawyer to determine the most suitable arrangement for your needs.

Additional Resources:

For further information and assistance in Commercial Real Estate in White Plains, consider the following resources:

  • The Westchester County Clerk's Office: Provides access to public records, including property deeds and liens.
  • The White Plains Building Department: Offers information on building permits, code compliance, and construction regulations.
  • The New York State Department of State, Division of Licensing Services: Offers resources and licensing requirements for real estate professionals operating in White Plains.

Next Steps:

If you require legal assistance in Commercial Real Estate matters in White Plains, it is advisable to consult a qualified lawyer specializing in this field. They can provide personalized guidance based on your specific situation, ensure legal compliance, and help protect your interests throughout the transaction process.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.