Running a business means that you need to make sure that you are compliant with the various commercial property laws that set of the legalities of owning a commercial property.
It is a good idea to hire a solicitor before you buy a commercial property. They will be able to make sure that you follow the letter of the law perfectly in terms of:
- Complying with safety standards
- Buying and selling a property
- Licensing the property
- Dealing with commercial tenants
- Solving ownership disputes
Which commercial property law matters can a firm of solicitors assist you with?
The Solicitor Can Assist You With Buying And Register A Property
A lawyer from a firm such as MIR Solicitors will be able to assist you with buying the property that you need for a business, whether that is an office block or a nightclub. The lawyer will ensure that you register the property in your name properly.
This is the first stage of their assistance.
The Solicitor Can Help You To Comply With Safety Standards
The building that you have bought needs to comply with safety standards before it can be opened to the general public. The solicitor will make you aware of all the criteria that the building needs to meet.
After you have received this advice, you will be able to make the necessary alterations to the building and then it will be compliant with safety laws. Failure to adhere to these laws could result in legal action being taken.
The Solicitor Can Help You With Tenancy Issues
When you own a building such as a shopping centre, other businesses will pay rent in order to have their store inside. Usually, the relationship that you have with your tenants is going to be cordial.
This is going to make running the building much smoother than if you try and sort these disputes on your own. You may not be aware of the subtleties of property law.
The Solicitor Can Help You With Ownership Disputes
Sometimes when you enter into a business partnership, the ownership of business properties becomes disputed. You might need to enlist the help of a lawyer to see how much of a claim you have to a particular building.
These disputes can be resolved on the condition that all the signed paperwork is produced.
The Solicitor Can Help With Licenses And Permits
When you are running a commercial building, you need to apply for different licenses and permits which will allow you to do certain things. For example, you will need a license to sell alcohol from a bar and a license to play music in a nightclub after a certain time in the morning.
Overview
Hiring a lawyer when you are buying a commercial property and setting up a business is going to help you to avoid pitfalls. The lawyer is going to make sure that you are following the law properly and that any disputes can be resolved in the correct manner without long delays.