Choosing The Right Law Firm For Your Commercial Real Estate Closing

No two commercial real estate transactions are alike. The transactions are generally complex and large sums of money are usually at stake. For purchase and sale deals the contract forms used can vary widely. Furthermore, there are local customs that vary from state to state and even county to county that dictate which closing costs are paid by the purchaser and which costs are paid by the seller.

As a commercial real estate brokerage firm our team is heavily involved on the front end of deals in helping the buyer and seller come to agreement on the business terms of the transaction. Once the deal points are agreed to, however, we usually recommend both sides seek the advice of a real estate attorney. The attorney is generally available for preparing the purchase and sale contract as well as providing a title insurance commitment. Reviewing title is critical to make sure the subject property not only has clean and marketable title but that there are no adverse easements on conditions on the property.

Once the buyer has performed their due diligence and the deal is ready to close a real estate attorney will help prepare the closing documents, loan closing package and closing statement.

Choosing an experienced commercial real estate attorney is critical to ensuring a smooth closing. They assist in minimizing the risks associated with mistakes that we see far too often when clients try to close complex transactions without proper counsel.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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