Often when a business leases or purchases real property, the focus is on the cost. Although clearly important, cost is usually just one of many considerations. Other considerations of the lease or purchase include the terms and conditions of the transaction as well as factors involving the real property itself. Encore Law Group reviews these transactions, including the lease or purchase agreement to ensure that the transaction is consistent with and beneficial to our clients’ business objectives, not only at the company’s formation but also as the company grows and its need for Often when a business leases or purchases real property, the focus is on the cost. Although clearly important, cost is usually just one of many considerations. Other considerations of the lease or purchase include the terms and conditions of the transaction as well as factors involving the real property itself. Encore Law Group reviews these transactions, including the lease or purchase agreement to ensure that the transaction is consistent with and beneficial to our clients’ business objectives, not only at the formation of a company, but also over time as the company’s needs for space changes.
Whether it is a leasing or buying/selling transaction, the first step always starts with a term sheet. Encore Law Group works with the client’s broker to ensure that the client has the best deal at this stage so that the remainder of the transaction has the best chance for success. Next, we draft or review the relevant agreement, often times while the due diligence process is taking place, to ultimately close the transaction.