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Annotate Commercial Real Estate Contract

Annotate Commercial Real Estate Contract

Aug 6th, 2022

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How to Annotate Commercial Real Estate Contract

4.7 out of 5

13 votes

In Tennessee, many buyers of commercial real estate do not engage a real estate attorney, but having one can be crucial. An attorney can advise on three key areas of the commercial real estate purchase agreement: contingencies, disputes, and venue. Contingencies are conditions that must be met before the sale proceeds, and they are particularly important for buyers to negotiate. Key contingencies include appraisal, financing, and inspection. Buyers should aim to secure as many contingencies as possible to ensure they have options to withdraw from the deal if the property is not suitable.

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