For any business, the entity itself, the LLC or Corporation that holds title to property, is part the foundation of the success for the overall project. The correct entity type and formed in the correct manner can have a significant impact on its ultimate success and the personal liability of its founder or members. While there are advantages and disadvantages to each type of entity, we have found that clients often misunderstood. Many times they think they must have an LLC or an S-Corp. Each mean different things in terms of personal liability for businesses debts, tax liability, formation cost, and book keeping requirements.
The main contenders are:
- Limited Liability Companies
- Corporations (both S-Corporations and C-Corporations)
- Sole Proprietors
When you decide to work with our real estate attorneys here at Moschetti Law Group, we will help you address these concerns and lay out the foundations of a “protected future” as early as the initial orientation meeting. Whatever concerns you are dealing with, we will make sure to equip you with the right type of plan to help you climb the summit of life. Our Calabasas real estate lawyers are dedicated to helping you and your family achieve peace of mind and a sure foundation for generations to come.
Transaction guidance from an expert real estate attorney
In addition to the lease or agreement itself, the real estate attorneys at Moschetti Law Group will also educate you on what the entire transaction should look like given your specific Agreement – from exchanging the keys to strategies for eventual renewal. The process may be complicated or involved, but it doesn’t have to be overwhelming. These are business decisions, and the right attorney will help you protect your ROI.
Here is how an experienced commercial real estate attorney will help your side of the deal:
- We put time on your side. When managed properly, no real deal will escape due to timing issues. Deals don’t die due to small amounts of time. The ones that do die were not realistic from the beginning.
- Ensure that your side and your interests are the ones represented. That’s the difference between just crossing your fingers versus confidence that lets you sleep well at night.
- Understand your obligations without exposing yourself to unnecessary liabilities.
- Avoid future lawsuits over misunderstandings, errors, or omissions.
- Have a second and objective pair of eyes to look over your deal and mitigate the effects of time pressures or outside stressors.
- Foster confidence in your investment, lease agreement, and transaction.