How Do Law Firms Help Companies with Their Real Estate Issues?

Published on: 24 May 2018 Last Updated on: 13 August 2020

Whether it is a company headquarters, factory space, or retail outlet, business premises continue to be a crucial factor in the mix that goes into making a successful venture. What comes along with taking on business premises, however, are a huge amount of legal challenges. So, with that in mind, here we take a look at how law firms can help companies with their real estate issues.

Finding and Securing Real Estate for Your Business:

Finding the perfect business premises, no matter what its intended purpose, can be tricky, but get it right and it can give your company a real commercial edge. A shop, for example, is located in just the right spot to attract large numbers of suitable customers. Or a company HQ situated in a vibrant commercial zone where the support you need is right on your doorstep and where transport links are conveniently close by.

To pinpoint the perfect premises, it makes a lot of sense to seek the advice of expert legal and real estate firms like DWF. Specialists in the field are invaluable as they can draw upon a wide range of resources to help you achieve your goals and once they have helped you find the perfect premises; they can go on to deal with the legal intricacies of securing the sale or lease. You will be able to address other important matters as the law firm takes care of these logistics. But that is not where the story ends when it comes to how law firms can help companies with their real estate issues.

Developing Business Real Estate:

If your company finds itself in a position where they need to develop a piece of real estate, law firms, again, can provide support. Overseeing the plans for development and gaining the required permissions are among the ways in which that support can be given. Should the business need partners or finance to help them develop the real estate, here too an experienced law practice can support. You will be sure that the whole process complies with the requirement of the authorities and you will not be facing any legal battles as a result of the violation.

Resolving Disputes:

Unfortunately, it is quite common for businesses to find themselves in some kind of dispute over real estate. As a business owner, you may not have the right expertise to handle some of the disputes that arise. For landlords, this may mean evictions, whilst for other businesses, it could be issues surrounding tenancy agreements or similar contracts. Here, law firms can act as mediators and help find quick, easy solutions that will save all concerned time, effort, and of course money. If things can’t be solved via this route, then the law firm can hit the ground running if it should come to more formal proceedings. The firm will make sure that your rights are preserved as you resolve the disputes.

There are many areas of business where law firms can help businesses and real estate is one area where companies do not want to be underrepresented.

The Final Word

Issues like real estate can spiral out of control in a very short span of time. It is also a very expensive area of litigation, which can result in huge payouts and fines. If you do not have the best law firm in Dubai on your side, you might incur heavy losses. Real estate laws also keep changing from country to country. If you are an outside business who has a base in some other foreign country, it is best to let legal experts take over your case.

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Property Investment Success Stories

Many people have chosen the buy to let property investment route and though the market has had some recent knocks, investing in property continues to be a lucrative option. There are a number of property investment success stories out there, and we take a look at why choosing to invest in property can be such a great option. In the UK there are more than a million buy to let property investors, most of who have a couple of properties earning rental income for them. Sometimes it can be a property they have inherited or bought when they were single, earning them the title of ‘amateur buy to letters’. However, there are a considerable number of people who have taken buy to let property investments to another level, becoming ‘megalandlords’ like Judith and Fergus Wilson who had a 1000 strong property empire worth around £200 million. In a Daily Telegraph article looking at buy to let gurus, investors like Jim Haliburton who owns 160 properties in the West Midlands and is currently buying at least one property a month, is passionate about the benefits of buying to let. With a strategy of doubling his money by purchasing a two/three-bed terrace in 2012 for £80,000, spending £32,000 on converting it into a five-bedroom property and then letting for a total annual rent of £18,000, the current market value of the same property in 2014 was £180,000. This style of property investment was also popular with Steve Bolton, who owned 20 properties around Bournemouth and Poole, buying under-priced property and converting it to accommodate more tenants. However, that kind of property investment isn’t the only option available. For many, buying property nearby and doing it up by themselves isn’t a possibility, but there are far more hands-off property investment strategies available. Property investment company RW Invest has a long list of successful property developments, where buy to let investors have gained substantially on their investment. Through monthly rents, guaranteed yields and below market value property prices, it can be an incredibly lucrative option to invest with a specialist company like this. In general, UK property has proved to be an excellent investment, with price rises across the country. Property prices in the UK have risen by an incredible 281% since 1996, and in London, where house prices are now incredibly high – they have risen by 501%. The Nationwide house price index showed that buy to let property investors typically earned £14,987 for every £1000 that was invested twenty years ago. Further success stories include one property investor who purchased a £80,000 terraced house in Oxford with a £4,000 deposit which is now worthy £525,000. Another property success was a 1996 purchase of a 1500 square ft apartment in central London which was bought for £218,000 with a £25,000 deposit and is now worth £1.5 million. Property investment continues to be one of the best investments out there, with huge price rises in the UK. As rents continue to rise across the country, buy to let property also ensures an increasing income for potential investors too. Though becoming the next property success story isn’t as far away from you as you might have thought, with lucrative property investments available in affordable cities in the UK. Read Also: 6 Tips For Selling Your Brisbane Property Investing In Property Is Investing In Your Future

7 Ways to Build a House on a Tight Budget

Probably you are busy on the web looking for actual home designs that fall within your budget. Or a way to build your dream house without inflating the cost beyond your savings. You are not alone, and many people planning to build their home on a budget are stuck looking for a solution to find a way to own a home making sure quality is not compromised. Well, the first step for you is to look for a real estate developer to guide you through the process because they know a thing or two more than you do. So, instead of sitting there searching online for solutions that don’t make sense, here are ways to build your home below and still end up with a quality house when everything is complete. 1. Build smaller: The first step of minimizing expenses when building your house is to cut your overall housing needs. You don’t want to end up with unfinished structure after your money diminishes; therefore, plan for a small house because it will need few materials and the same with spending. Also, a small house will require you to install few cooling and healing resources to maintain the house temperature. But before reducing everything, including the size of your house, first, know what your house requires and the family. Planning earlier before you start spending will avoid overspending or going beyond the allocated budget. Never assume that you only need a few items to complete the house just because the house is small. So, try to balance everything, and this is achievable if you work with a professional to guide the items and the required materials. 2. Look for reclaimed materials: Looking for reclaimed materials helps you to stay within your budget and void costly things. It saves you money, and you may end up getting high-quality and stunning building materials similar to new ones. You can even look for old houses that are no longer in use and see whether they can sell some of the valuable materials from the houses. Many people who use this approach save thousands of dollars that would have purchased new materials. If you get a good deal with reclaimed materials, you may end up expanding your house if the budget becomes reasonable. However, compare what you are buying with the market prices for you may spend more than expected. 3. Use natural building techniques: Natural building techniques can save you a great deal of money. For instance, you can use Cordwood in your house to save on purchasing costly materials. It can replace sheathing, studs, insulation, drywall, siding, and finish coverings. For Cordwood, you only need a beam frame built within a post to make your house walls stand. Even choosing natural methods does not mean you escape from spending too much money. And that's why budgeting before starting the building process saves you the headache later. 4. Look for cheap or free materials and services: Going for this option does not mean using used items to build your house. You can look for building materials for low cost or discounts in the market and still get good deals for items that would have cost you a fortune. For services, enquire from family and friends. They can recommend people they know or service providers they have worked with within the past. That means you get a good opportunity to negotiate building services to amount you feel will not press you financially. 5. Keep water usage areas together: Trying to combine water usage areas is a great way to save you money. This may save you excess money on plumbing materials spread all over your house. So, the ideal approach is to clump your bathroom, laundry, and kitchen as close as possible to minimize piping needs. You should include the clumping idea in the plan before the house building begins. 6. Forget the costly finishes: If your budget does not allow you to spend further, you can skip some finishes for a later date. For instance, you can postpone countertops and floor installation until you save money for specifically that work. Your entire focus should be on building a strong foundation that will guarantee your house stability. Building a house is a lifetime affair; therefore, you need something solid that will shelter you for many years to come, even on a budget. 7. Do-it-yourself as much as you can: If you can handle most of the building work, it will save on materials and labor. This is where you have to bring your expertise and at the same time know your limit to avoid shoddy work that may end up costing you more to rectify. Alternatively, rather than hiring many people to handle the project, you can work with architecture and follow their guidelines to save those extra dollars. Some of the task involved does not require a professional to handle them, but observation and application. Conclusion: You don’t have to spend a fortune to own a house. There are many options available that you can apply for and end up with a good-looking house. The idea is to build your dream house without spending much money. Read Also: Utilizing the Strength of Concrete to Protect Your Property Real Estate 101 – 3 Simple Tips to Boost the Value of Your Property Home Maintenance Plans And Cleaning Tips During Covid-19 6 Interior Design Tips to Make Your House a Home

Tips When Hiring a Concrete Driveway Contractor in California

Hiring the right concrete driveway contractors in San Diego or concrete driveway contractors in Los Angeles is an important process in ensuring quality results you have desired for your home or business driveways. Improving your residential or commercial driveway areas comes with several benefits, but projects as such should be done by a professional concrete contractor in California. Driveways are the first area of your property that your visitors notice. It is essential to make sure this area is aesthetically pleasing with the help of a professional and trusted concrete driveway contractor. Improving concrete driveways has been a popular choice over the years because it offers an elegant and durable finish. There is also a wide range of colors and styles to choose from, which makes it worth the investment. If your goal is to have a driveway that would be aesthetically pleasing and last for many years to come choosing to use concrete would be a great option. To achieve your desired design finishes for your driveway, you have to make sure you are working with a professional and experienced concrete contractor. However, with so many concrete companies out there, how could you possibly find the right one? Here are five tips to help you make the right decision in choosing the best concrete driveway contractor in California: 1. Do your Research To have some perspective contractors hire, you have to do some research and learn more about the concrete services they provide. You can do your research through the internet to easily find the best concrete contractors in your area. Most concrete companies these days offer a free estimate, this is an opportunity for you to ask them questions regarding your driveway project to better access their knowledge and abilities. Before asking any questions, it is important to know what you are looking for in a concrete company including their contractors. You can also ask your friends and family for referrals or ask your local concrete suppliers if they can recommend someone in your area. In this way, you’ll be able to ask them about the work they have done and their experience they had with a concrete contractor. Doing your research allows you to better understand the steps and processes, including the proper preparation of the area and the variety of options available to you. You’ll be able to compare your list of choices that would help you find the best concrete driveway contractor in your area. 2. Consider their Years of Experience Mixing, pouring, and laying down concrete may sound as simple as that, but in reality, this type of job is tricky. Any mistakes can’t be easily fixed, unlike other flooring materials, the job needs precision, and that can be achieved with years of experience. While finding the right concrete contractor, you need to make sure that the contractor has spent years in the industry to give you a guarantee that you’ll receive quality finishes for your driveway. Choose a contractor who has at least five years of experience in the concrete industry, ask them if they have done concrete driveway projects in the past. Asking them suggestions and tips for your concrete driveways project would also help in gauging if they are knowledgeable and skilled in that particular area. When a contractor gives you helpful answers and viable examples, it only means that they are knowledgeable and experienced in the concrete industry. Related: What Independent Contractors Need to Know about Workers Compensation 3. Ask for a Contact Reference As you interact more with your contractor, ask them to give a contact reference to verify their work, process, and how they operate. Ask their contact reference questions such as the type of project they did with them, the span of time they have completed the project, their involvement and communication, and how happy they are with the results. Their answers to your questions would help you decide which contractor to hire for your concrete driveway project. 4. Ask About the Company’s Insurance & Permits The concrete company’s insurance gives you peace of mind over a possibility that something might go wrong during the process. You will not be held liable if in case an accident happened. It is important to verify if the concrete company is insured. You can call their insurance company to know its coverage. Ask your contractor if a permit is necessary before starting the process, obtaining a special permit depends on several factors, including location and the type of project. A professional and experienced contractor knows every process, including all the necessary paper works, hire someone who gives the right answers since day one. 5. Gauge the way they interact During your consultation with your contractor, observe how they interact or assist you with everything you need. Good interaction with your contractor and with the concrete company plays an important role in the whole process. Hire someone that accommodates you well and makes sure to respond to your questions promptly. If the concrete contractor does the opposite, it’s time to consider other contractors in your lists. Read Also: Roofing Painting Contractor Leads: Ask Before Hiring One Fix Your Home up This Summer With These Core Hacks

How Do Law Firms Help Companies with Their Real Estate Issues?

Finding and Securing Real Estate for Your Business:

Developing Business Real Estate:

Resolving Disputes:

The Final Word

Benefits of Working with a Realtor When Selling a Property

Things To Take Under Consideration When Selecting A Large Cold Storage Portable Building

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

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Property Investment Success Stories

7 Ways to Build a House on a Tight Budget

Tips When Hiring a Concrete Driveway Contractor in California

How Do Law Firms Help Companies with Their Real Estate Issues?

Finding and Securing Real Estate for Your Business:

Developing Business Real Estate:

Resolving Disputes:

The Final Word

Share this Article

Benefits of Working with a Realtor When Selling a Property

Things To Take Under Consideration When Selecting A Large Cold Storage Portable Building

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related