COMMERCIAL REAL ESTATE
What We Do
Commercial Real Estate Transactions
Investing in commercial real estate may seem complicated, and you may need clarification on certain parts of the process. Our team at Buzaker Law Firm represents commercial real estate clients, including entrepreneurs and tenants of commercial properties. Our real estate lawyers offer comprehensive guidance and legal advice, and we will keep you informed throughout the process. We assist in a variety of aspects, including:
- Commercial real estate transactions
- Mortgages and refinancing
- Reviewing terms for exit strategies
- Resolving title issues
- Due diligence
- Collaboration with Stewart Title Insurance Company
We prepare and negotiate commercial leases and related documentation. We assist lenders and borrowers with various transactions, such as acquisitions, sales, and financing strategies. We know when to mediate a dispute and when it is best for the client. We navigate the nuances of a variety of properties, and we negotiate agreements relating to the land. There are many complexities in the commercial real estate industry, and we will help navigate our clients through them as we know that time is of the essence.
Our experienced team is standing by to apply their knowledge of Ontario’s property laws to suit your needs. Our staff is practiced at drafting legal documents, resolving real estate disputes, and closing transactions for residential and commercial land. All done in timely fashion and advocating for your best interests.
Commercial title insurance mitigates risk and protects commercial real estate investments. Commercial title insurance:
- Simplifies transactions in a timely fashion
- Protects against defects in a property’s title
Title insurance is available for properties such as:
- Lands zoned commercial or industrial
- Residential buildings comprised of seven or more units
- Commercial condominium/strata units
- Commercial leasehold
- Vacant land
- Construction projects
Assigning and Subletting
A tenant and a landlord are in a relationship, regardless of whatever happens as time goes by. The landlord-tenant relationship is tenurial, meaning that a tenant should carefully consider the inherent rights and responsibilities when subletting or assigning the commercial property. If a sublease is created, the original landlord neither has privity of contract nor privity of estate with the subtenant if the tenant granted less than the full remainder of the term of the lease. If the tenant assigns their property interest to another party, they remain in a contractual relationship with the landlord, and the privity of the estate remains.