subject: Commercial Conveyancing: Setting Up Shop [print this page] Commercial Conveyancing And Your Business
Commercial conveyancing deals with the buying and selling of business property, in many ways similar but to residential conveyancing but in some vital ways different. In the long run a good commercial conveyancing solicitor will make sure you are not subject to financial loss or legal problems in the long run.
Very simply, Commerical conveyancing can deal with:
- Tenancy
- Leasing
- Buying
- Licensing of premises
- And more
You need a specialised conveyancing solicitor when buying a property for business purposes. There are a lot of legalities regarding tax which are ever changing and you don't want any issues with this part of your contract when buying or selling. Instructing a conveyancing solicitor who is well-experienced and up to date in the field should reduce or eliminate the risk of any complications regarding your property.
When you go through any of the above processes it will be key that you have carefully written contractual agreements, for example with regards to tenancy you will need dos and don'ts for the tenant and landlord written into your agreement to avoid any unwanted tenancy disputes at a future date.
You may be incredibly excited about setting up shop but don't cut corners when finding a good commercial conveyancing solicitor or you may live to rue the day. The exciting thing about commercial conveyancing is that in many cases you will be taking on a property to make you business 'baby' grow and grow. That is why you do not want to hinder its growth at a later date via a dodgy contract which will affect both you and your business.
Commercial conveyancing also deals with large acquisitions for corporations. In these transactions huge sums of money can be involved and you will most definitely not be hoping for a potential time-bomb in the form of your business contract regarding a property. Make sure you shop around, even the most seasoned eye can miss a beat but you want to reduce this risk as much as you possibly can. Your business should be expanded and bettered after your dealings with a commercial conveyancing solicitor, not worsened. In the case that you are selling your company's assets off, you will want to be safe in the knowledge that they are being dealt with in a way which is to your best interests, and that any creases in the process with be ironed out efficiently and without undue hassle to yourself.
by: Nicholas Jervis
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