Looking for a legal professional adept in Real Estate Development? Consider Todd Jackson Law. Our firm, located in Franklin, TN, serves businesses and individuals throughout Tennessee.
Real estate development is a promising yet risky business opportunity. Large-scale business ventures like this require a deep understanding of taxes, interest rates, opportunity costs, and urban planning. But the process of acquiring properties doesn’t just end there. There will be legal matters and requirements along the way, and you’ll need a real estate development lawyer to protect your money and property.
The goal of real estate development is to grow money and generate assets. It requires patience and understanding—qualities that only successful investors possess. The development process more or less includes scouting undeveloped lands or properties, renovating existing properties, managing and negotiating deals, funding projects, and obtaining permits and licenses. Each task is daunting and draining, so there is no way you can do this alone. You need advice and assistance from experts. You need to build a team.
For starters, you’ll need to consult with architects, engineers, interior designers, accountants, brokers, and investment analysts before you move forward with the project. They’ll help you find the best project location, type of property, and cost-effective strategies in the pre-development process. But when your decision is final, and you want to develop a property, you’ll need an open mind and a competent lawyer by your side to understand the risks and avoid financial loss.
A real estate development lawyer can guide you through the pre-development, operation, and completion stages of your project, so you need the best one on your team. You need Todd Jackson Law by your side.
Todd Jackson caters to real estate developers in Tennessee and other parts of the country. Backed by his decades of practice and experience, Todd can seamlessly navigate any state’s real estate law while simultaneously complying with federal laws. He has worked with multiple real estate investors and developers in the past. So, when you need him, he can provide timely, creative, and flexible solutions that can drive your real estate development projects and transactions forward.
Frequently we see clients in need of real estate development legal services. As subject matter experts, we frequently guide clients with the following types of questions. When in doubt, it is a best practice to consult with an experienced lawyer. Have a question about real estate development? Give Todd Jackson Law a call.
Real estate is the actual property, may it be developed or underdeveloped. To develop or redevelop one, you need to know what type of property you should buy based on your budget, project idea, and financial goals. Here are the four main types of real estate properties:
Land – the underdeveloped baseline of all developed real estate properties. Some examples of land properties are ranches, farms, and vacant lots.
Residential – developed properties that house families, individuals, or groups of people. These are available areas for people to live on, so residential real estate is the most common asset class in real estate development. Some examples of residential properties are condominiums, apartments, dormitories, townhouses, and vacation homes.
Commercial – developed properties where businesses can carry out their operations. They can be buildings or spaces for lease, such as hospitals, parking lots, shopping malls, office buildings, and hotels.
Industrial – developed or underdeveloped properties used by industrial businesses to carry out their large-scale operations like manufacturing, construction, and storage. Warehouses and factories are common examples of industrial properties.
In the pre-development stage, a real estate development lawyer like Todd Jackson is responsible for assisting developers in purchasing and acquiring real estate properties. The lawyer will prepare documents and policies, complete title searches, and manage the transfer of funds. In the development and completion stages, the lawyer will oversee all real estate transactions for construction, leasing, marketing, and financing.
Legal disputes and challenges commonly occur between buyers and sellers. Real estate development lawyers may provide representation for buyers and sellers when a dispute ends up in a courtroom. Some legal disputes you may face as a developer are breach of contract, zoning issues, and break in the chain of title.
3326 Aspen Grove Dr #400, Franklin, TN 37067
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