Residential and Commercial Transactions
Purchases and Sales
The attorneys at Wolf & Solovy assist clients in the acquisition and sale of commercial, industrial and residential property. Our experienced real estate attorneys have years of expertise in handling real estate purchases and sales from contract to closing, ranging from small, straightforward deals, sale and leasebacks, installment sales and complex transactions. Clients rely on us to effectively and economically review, draft and negotiate the terms of these transactions, to structure acquisitions to create tax advantages, to oversee the due diligence process and to successfully complete the transaction. In addition to the preparation and review of transaction documents, we negotiate and prepare letters of intent, LLC and ownership agreements, as well as other ancillary agreements.
We understand the intricacies of real estate transactions and are able to take into account each client’s specific needs and goals. This includes structuring ownership entities and evaluating tax strategies, including tax-deferred 1031 exchanges
Lease / Rental Agreements
Our leasing practice includes representing landlords and tenants of both single-tenant and multi-tenant properties, including industrial, office and retail properties. Our substantial knowledge in representing both landlords and tenants in leasing transactions has provided us with the ability to efficiently, effectively and economically counsel both landlords and tenants clients in all matters of lease issues. We use this knowledge to structure, draft and negotiate commercial leases for office, retail and industrial space.
We counsel both landlords and tenants with regard to their commercial leasing matters, from structuring and negotiating lease agreements including crucial provisions that are often overlooked including those covering sublease and assignment, relocation, non-disturbance, casualty, condemnation and others.
Construction Contracts / Disputes
At Wolf & Solovy our experienced real estate lawyers are well versed in all areas of construction from drafting, reviewing, and negotiating general contractor agreements, sub-contractor agreements, remodeling agreements, and all construction/contractor express and implied warranties. Whether you have been provided with an AIA (American Institute of Architects) form contract and/or agreement, or one that was drafted by an attorney, we have seen it all.
At Wolf & Solovy we also have the expertise to handle any disputes that may arise out of a construction project. This includes but are not limited to:
- Owner/Contractor Disputes
- Contractor/Sub-Contractor Disputes
- Construction Delays
- Construction Defects
- Mechanics Liens
- Warranties Issues
Condominium / Homeowner / Co-Op Associations
The real estate team at Wolf & Solovy has extensive experience representing countless Condominium Associations, Homeowner Associations and Co-Op Associations. From drafting the initial Association documents (declarations, by-laws, and rules and regulations) and amendments to the same, to handling disputes between an Association and its owners, to evictions and collections of association dues. Please call us for a free consultation.
Tax Deferred Exchanges (1031 Exchanges and Starker Exchanges)
At Wolf & Solovy we have the sophistication and experience to assist clients in the implementation of a “1031 exchange”, often referred to as a Tax-Deferred Exchange, and can advise on the issues and complexities involved in such transactions. A “1031 exchange” is a tax deferral strategy, with the tax on a sale of a qualified asset being deferred. Essentially, a 1031 exchange is a method where a property owner trades one or more relinquished properties for one or more replacement properties, while deferring payment of federal and some state taxes