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Updated over 5 years ago on . Most recent reply
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Do I need an attorney for small commercial RE deals?
I was told getting an attorney for commercial RE deals is a must, but does it still make sense for smaller deals like 5-8 unit apartments?
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@Vivian Huang @William Tomp I believe you should have an attorney for any commercial deal. Commercial contracts are very different than residential contracts. They are usually created for a specific deal. Are you familiar with contract language? Are you familiar with the due diligence requirements of a commercial lender?
Ultimately as you get more experienced you may have an attorney you only refer to when you fell the need.