San Jose Real Estate and Commercial Property Lawyer
The best time to involve an experienced real estate lawyer in the purchase or sale of your home or business is during the planning phase. By doing this, you will understand your legal options, be made aware of potential hazards, protect the benefits of Proposition 13, and seize opportunities you may not realize are otherwise available to you.
At John D. Teter Law Offices, we provide clients with sound legal guidance based on their circumstances and their goals in either residential or commercial real estate matters. We handle commercial lease negotiations and land and building acquisition and sales for commercial property, and we also assist clients with 1031 exchanges. Clients rely on our skilled negotiating abilities and our 25 years of commercial real estate work. Contact Bay Area real estate attorney John D. Teter today to schedule a convenient consultation.
We negotiate, draft and review real estate documentation for the following:
- Purchase and sale of unimproved property
- Buying/Selling residential and commercial property
- 1031 exchanges
- Commercial leasing
- Short sale
- Easement and title issues
Commercial Lease Work
Our firm represents landlords and tenants in single buildings and in retail centers or shopping malls. We also represent clients in the purchase of raw land for commercial development. Depending on our client's needs, we will answer specific questions concerning a commercial lease; review the lease to point out potential problems, to negotiate the terms of the entire lease.
1031 Exchanges
In a 1031 exchange, the proceeds from the sale of a property may be tax deferred when used by the seller to buy the same or similar type of property. There are a number of factors that can result in denial of tax benefits in a 1031 exchange with catastrophic financial results. A skilled attorney can help you avoid these potential pitfalls, resolve any problems, and obtain the benefits you desire. If you are considering a 1031 exchange, it is better to retain the services of a lawyer as early in the process as possible before it is too late to avoid problems
Short Sales / Foreclosures / Cancellation of Debt
Our firm provides consultations and advice concerning cancellation of debt (COD) income from short sales and foreclosures as well as alternatives such as loan modification, refinance, deed in lieu, or bankruptcy.
Proposition 13 / Reassessment
The valuable protection provided by Proposition 13 can be lost by poorly planned transfers of real property. Our firm can help clients recognize Proposition 13 issues and avoid loss of benefits in sales, and other ill - advised transactions. Good advice can help protect against the avoidable loss from reassessment if Proposition 13 protection is lost.
Contact knowledgeable real estate transaction attorney John D. Teter as soon as you begin your property search.
