Commercial Real Estate Lawyer in Highland, Indiana

Lake County attorney advises businesses on a wide range of property matters 

David M. Blaskovich P.C. in Highland handles commercial real estate issues for businesses in Lake County, as well as other Indiana and Illinois locations. Attorney David Blaskovich has more than 25 years of legal experience successfully steering clients through property purchases, sales, lease agreements and disputes. Whether you’re looking to find a retail location, develop an office property or find the right land for an industrial project, our firm will make sure you have the high-level legal support you need to capitalize on your opportunities.

Sales contract drafting and review

A successful purchase or sale starts with an authoritative contract. Though the price is critical, it is just one of many details that should be contained within a commercial real estate purchase agreement. Various legal disclosures are required to transfer a property, including a legal description of the parcel and the number assigned to it. The conveyance document must also list any structures or other improvements on the property as well as whether it qualifies for industrial or commercial use. You can rely on us to prepare a thorough contract with the highest degrees of skill and professionalism and to take the same care if you need a document prepared by the other party to be reviewed.

Mortgages and other financing mechanisms

Commercial real estate purchases might require complex financing instruments tailored to the particular circumstances and the buyer’s resources. Whether your company seeks a straightforward mortgage or a structure involving multiple elements, we will work to negotiate optimal terms. Our firm reviews terms and conditions on loan agreements so that you have a full understanding of your rights and obligations as you move forward with your transaction.

Commercial real estate closings

Successfully completing the sale of a commercial property requires skillful legal counsel from start to finish. Whether the land in question is to be used for retail activity, industrial production, residential development or office space, there are a wide range of legal concerns to address. Attorney David Blaskovich advises clients on everything they need to close their transaction, including the following:

  • Land use and zoning provisions
  • Property inspections
  • Title searches
  • Deed recording
  • Boundary terms
  • Environmental assessments
  • Existing and negotiated easements

When the time for closing comes, you can rely on our firm to have all of the necessary documents accurately prepared and ready for execution.

Drafting lease agreements

Many businesses secure the property they need for their operations through lease agreements. These arrangements allow companies to save on real-estate costs, but also create ongoing landlord/tenant relationships that require attention long after the initial deal is finalized. Our firm advises parties to a rental transaction on the potential short-and long-term consequences of specific lease terms. Before completing an agreement, we go over key details such as responsibility for taxes, insurance costs, permitted uses of the unit, property conditions, renewal terms, security deposits and equipment that is included with the rental. Before agreeing on a rent amount, we help tenants and landlords evaluate whether they are maximizing the value they receive on their investment and also assist with lease language regarding methods of resolving disputes.  

Commercial real estate foreclosures

Even well-run businesses can experience serious financial shortfalls that prevent them from satisfying their loan obligations. If you are at risk of defaulting on the mortgage for your commercial property or you are a lender looking to execute a foreclosure, our firm offers comprehensive legal support. When appropriate, we can devise creative solutions designed to keep the borrower in business on their property while adjusting terms in a way that also benefits the financial institution. However, if a foreclosure is inevitable, we guide lenders through the judicial process required by Indiana law.

Contact an Indiana commercial real estate attorney for a consultation   

David M. Blaskovich P.C. handles various legal matters associated with commercial real estate properties, including purchases and leases. To set up a meeting, please call 219-800-2075 or contact us online. Our office is in Highland.