Syndicate Legal Advisory Services prepares the written documents for the sale or purchase of commercial real estate.
What’s included:
- Intake and information gathering. A structured questionnaire collects the buyer’s and seller’s names and entity information, the property address and legal description (supplied by you from your title report or deed), the purchase price, deposit, financing terms, closing date, and the terms you select on each topic below.
- Purchase and sale agreement from your selections. We prepare the agreement from the provisions you choose, or from terms the parties have already negotiated, which may include:
- Purchase price, deposit, and payment terms
- Financing and loan contingencies
- Due diligence period and inspection rights
- Title and survey contingencies
- Environmental and physical condition provisions
- Prorations (rent, taxes, expenses) and closing costs allocation
- Tenant matters, such as assignment of existing leases and delivery of estoppel certificates
- Seller and buyer representations and warranties, as selected
- Closing date, possession, and extension options
- Default, remedies, and liquidated damages terms, as selected
- Assignment of the buyer’s rights, as selected
- Letter of intent (optional). At your direction, we prepare a non-binding letter of intent from the terms you supply.
- Disclosure and supporting forms. We prepare, from information you provide, the property disclosure forms and notices that apply to your transaction and that you identify, such as agency disclosure acknowledgments.
- Closing documents. At your direction and from information you supply, we prepare documents such as a grant deed or quitclaim deed (from a client-supplied legal description), a bill of sale for personal property, an assignment of leases and contracts, an assignment of permits and warranties, and a general seller’s affidavit.
- Escrow instructions and coordination (optional). We prepare a supplemental instruction letter or cover letter to your escrow officer from information you provide. We do not act as escrow holder or handle funds.
- Tax and transfer forms. We prepare, from figures you supply, the forms commonly submitted with a transfer, such as a Preliminary Change of Ownership Report and documentary transfer tax declaration on the deed. We do not calculate taxes or advise on reassessment.
- Execution documents. We prepare signature blocks, notary acknowledgments, and written signing and notarization instructions.
- Review and revisions. We make revisions you request to the drafts before signing, within the number of review rounds included in your package.
COMMERCIAL REAL ESTATE (Purchase / Sale)
$90.00Price
