Central Illinois Commercial Real Estate Attorney
Our firm’s representation regarding commercial real estate property includes addressing issues such as land use, zoning, 1031 tax exchanges, and litigation. Marvel Law, P.C. represents developers, property owners, and others during commercial real estate development projects, sales, and acquisitions. Our firm strives to maintain continuing relationships with our clients. These relationships allow our firm to take protective and aggressive actions on our clients’ behalf.
If you are interested in learning how a lawyer from Marvel Law can help with your commercial real estate need; contact our firm to arrange a consultation. At Marvel Law, P.C., we give clients honest assessments regarding attorneys’ fees. We also offer evening and Saturday hours to accommodate busy schedules.
Comprehensive Commercial Real Estate Services
Identifying a properties zoning, the permitted uses that property can be used for compared to those uses, which require a special use by the Municipality are threshold issues that are essential in property development. Understanding the legal framework at a local level provides a working basis to approach and work with all decision makers within the municipality. Our firm represents developers during all phases of the development process, and resolves questions regarding particular zoning and land specifications. We also represent clients whose legal issues include:
- Sale and purchase of commercial property
- Commercial real estate closings
- Eminent domain
- Development and Redevelopment agreements
- Construction contracts
- IRS Section 1031 Tax Free Exchange
A 1031 tax-free exchange is an exchange of like-kind property. A Section 1031 exchange allows a taxpayer to defer capital gains tax on the profit of an investment property. Our firm represents clients during this process, ensuring timelines and other restrictions are met.
Our firm offers legal representation to developers who are interested in converting apartment complexes into condominiums. This often involves helping clients form a new company that is used to develop and maintain the conversion.
Our firm represents clients in commercial litigation. Litigation may be required because of a breach of contract, a lease dispute, or a construction defect. Contact Marvel Law, P.C. or call us at (309) 929-4332 to learn how we can help.