The city of Spokane has been transforming over the past several years. Whether opening a business in South Perry, building a development in the Garland district, or buying a home in Brown’s Addition, you will likely need an attorney. A Spokane real estate contract attorney can help you draft, manage, negotiate, and execute commercial, residential, mixed-use, development, and industrial real estate transactions throughout Spokane.
Services a Spokane Real Estate Contract Attorney Can Offer
An experienced attorney is often necessary to navigate real estate transactions and land use issues. An attorney can represent your interests when buying, selling, or litigating property-related matters.
Negotiating Deals and Drafting Contracts
When buying, selling, or leasing property, a Spokane real estate attorney can conduct due diligence and negotiate the deal on your behalf to ensure that the terms are fair and protect your interests.
Nearly all real estate transactions in Spokane involve written documents, such as sales agreements, contracts, and mortgages. Each word in these documents is essential to understanding the parties’ rights and obligations. A Spokane real estate contract attorney can review and draft contracts to ensure they contain the language and terms necessary to protect client interests. They can also advise whether the transaction and the agreement meet state, local, and federal laws and regulations.
Additionally, a real estate dispute lawyer can effectively handle contract disputes that arise by negotiating settlements or representing clients in litigation.
Foreclosures
Unfortunately, many Spokane residents face financial hardships due to poor economic conditions and can’t make their mortgage payments. If a homeowner has stopped making mortgage payments, a lender can seek to repossess their home through foreclosure.
If you cannot make mortgage payments and have received a foreclosure notice, a real estate attorney can help you understand your options. An attorney may be able to negotiate a deal with the lender, seek a short sale, help you file for bankruptcy, or fight the foreclosure in court.
Construction Financing
Construction projects of all sizes can be complex and require significant financial support. Construction financing is critical for funding new development projects and renovating existing properties. These loans finance the various stages of construction, including land acquisition, construction costs, and project completion.
Negotiating a construction loan can be a time-consuming and challenging process. A real estate development lawyer can help you understand the various types of construction loans, the loan process, how to qualify for a loan, and the many legal considerations involved for lenders and borrowers. They can ensure the loan agreements are comprehensive, clear, and compliant with relevant laws and regulations. An attorney can also advise on mitigating potential risks, developing contingency plans, ensuring proper insurance coverage, and advocating for your interests.
Easements
An easement grants a legal right or permission for one party to use another’s land or property for a specific purpose. An easement can also prevent a landowner from using property a certain way. Easements vary and can significantly impact a property’s use and value.
Easements may arise expressly by one party asking the other party to grant the use and memorializing it in writing. However, an easement can also exist without the landowner’s express knowledge or consent through use over time. Disputes often arise when there is no express agreement for the use.
Our Spokane real estate attorneys can draft, review, and negotiate express easement agreements. Without an express agreement, a lawyer for property disputes can resolve issues surrounding land use and easement interpretation.
Project Development
Real estate development projects face many legal and regulatory obstacles. A real estate attorney can assist with keeping your project compliant with the laws and on schedule. From conception to completion, our attorneys can help you navigate:
- Regulatory requirements,
- Due diligence,
- Environmental compliance,
- Financing,
- Entity formation,
- Infrastructure development,
- Land acquisition,
- Leading and sales,
- Master planning,
- Permitting,
- Public hearings,
- Utilities,
- Tax strategies,
- Strategic analysis,
- Water rights,
- Zoning.
A real estate attorney can serve as the project’s point person and broker common ground for all stakeholders. They can also continue to lend legal expertise and guidance following the project’s completion.
Smith + Malek Are Your Spokane Real Estate Lawyers
Smith + Malek’s experienced team is ready to help you with your Spokane real estate transactions. Our legal prowess has helped to shape the city of Spokane and its growth. Since 2015, we have helped hundreds of clients navigate complex real estate transactions and get development projects off the ground. We provide individualized, one-on-one attention to each client. Contact Smith + Malek today to learn how we can help you with your real estate transactions.