In New York, real estate law can include a broad range of topics, including buying, selling, using, and leasing commercial properties. Our experienced New York real estate attorneys can assist you during the purchase or sale of commercial real estate in Suffolk County and Nassau County. Our knowledge of the New York real estate market makes our firm a vital resource for commercial real estate law.
Understanding New York Commercial Sales and Purchases
Our New York commercial real estate attorneys can give New York property owners peace of mind through every step of the sale and purchase process. We can guide and protect you through the entire commercial real estate transaction. This transaction type includes negotiating the purchase/sale contract to obtain favorable terms on your behalf (i.e., contingency clauses, walk away rights, mortgage provisions, etc.). For commercial properties, working with a New York real estate lawyer can ensure the safeguard of your property in the case of a real estate dispute. We can help you with all aspects of real estate planning with necessary commercial real estate legal documents to maintain your real estate during a sale or purchase of a property.
Understanding Business Formations for Real Estate in New York
Did you know you are personally responsible when purchasing New York property in your name?
A first-time real estate buyer and seasoned buyers alike are at risk of their real estate property becoming seized if specific legal actions go into effect. If you own real estate personally, any lawsuit and a potential money judgment against you automatically open the door to your assets become seized in the suit.
Our experienced commercial real estate attorneys can help you eliminate the risk by forming Limited Liability Companies (LLCs). If your company faces debts or liabilities, the LLC business structure protects you from being personally liable. Shielding your commercial real estate with the formation of an LLC in New York safeguards your personal assets from being used to pay out any business disputes because the LLC technically holds ownership of the commercial property.
Russo Law Group, P.C. helps you and your loved ones handle Estate Planning, Elder Law, Special Needs Planning, Medicaid Planning, Trust & Estate, Guardianship, Small Business Planning, and Real Estate Law. We welcome you to contact our Garden City, Lido Beach, Islandia, or Manhattan, New York law offices to learn more about how we can help address your real estate planning legal matters.