Real Estate Attorneys in Maryland
Lerch Early’s real estate attorneys help clients get to closing with the best mix of price, terms, and timelines essential to their core real estate and business strategies
When Do You Need to Hire a Real Estate Attorney?
Developers, commercial property owners, and investors turn to Lerch Early’s “dirt lawyers” when they need to buy, sell, lease, or develop commercial real estate in the Washington, DC metropolitan area.
How Our Maryland Real Estate Attorneys Can Help You
Our experienced attorneys negotiate all aspects of complex commercial real estate transactions from the ground up, such as forming a holding company before acquiring a property, to minimizing the tax consequences of an eventual sale of the property. These include drafting and negotiating entity formation documents, purchase and sales agreements, development agreements, financing documents, construction contracts, reciprocal easement agreements, and leases.
National and regional developers, family-owned real estate development companies, institutions with substantial real estate assets, and entrepreneurial businesses rely on our real estate attorneys to help them make the best real estate deals. Our real estate clients include The JBG Companies, The Tower Companies, Lee Development Group, Maisel Development, Howard University, and other institutional and entrepreneurial companies throughout the region.
1031 Like-Kind Exchanges
When real estate investors sell property with the intent to purchase another investment property, they often utilize an IRS 1031 like-kind exchange, sometimes referred to as a “Starker Exchange,” in order to defer paying taxes on the gain from the sale of the property.
Boundary Line Disputes
Lerch Early advises property owners concerning disputes over property lines, encroachments and adverse claims to property. We also advise clients concerning resolutions by way of a negotiated easement or license coupled with a boundary line agreement.
In the real estate development process, effectively addressing construction related issues is essential to the successful development of a new project, renovation of an existing project, or building out space for tenants interested in leasing space.
Individuals deciding whether to build a new home or renovate an existing property in the Washington, DC metropolitan area frequently call upon Lerch Early for advice. Either process requires the homebuyer to purchase the land, work with a design professional, work with a homebuilder, and finance the purchase.
Mixed Use Development
Numerous legal structures can be used to create and operate a mixed-use project. Counsel for the project developer needs to understand the project and his or her client’s short and long-term goals in order to strategically and properly structure the transaction and draft the underlying project documents.
Restaurant real estate is a major key to the profitability of a restaurant. Whether you’re a national restaurant chain or a local restaurateur, Lerch Early attorneys help you achieve the most from your real estate. Our services include restaurant leasing negotiation, documentation, and review, construction contracts, serving as borrower’s counsel, and buying and selling property.
Retail leasing is a special niche in commercial leasing transactions. Percentage rent, exclusives, co-tenancies, defined protected areas, and radius restrictions are just a few of the concepts unique to retail leasing. Combine retail with office, residential, and entertainment uses in a mixed-use project and you have a more complicated retail lease.
Sales and Acquisitions
Lerch Early real estate attorneys help clients with acquiring and selling raw land for development, and improved properties such as shopping centers, multi-tenanted office buildings, and multi-family buildings. Our attorneys, who represent both buyers and sellers, are experienced in handling critical issues during all phases of the sales and acquisition process.
Title Insurance Services
Lerch Early, as an agent for both Fidelity National Title Insurance Company and First American Title Insurance Company, offers both closing and title insurance services related to Maryland and District of Columbia commercial real estate transactions.
Speak With a Maryland Real Estate Attorney Today!
Our clients sometimes joke that we should convey with their property— as we “run with the land.” Often after a sale, the new purchaser retains us because of our in-depth knowledge of the property or project. Many clients have worked with us for decades as we not only know the law, but we know their businesses. Throughout the transaction, our focus is on how to complete a deal within the context of the client’s overall business plan. Contact us today to get started!