Real Estate Closing Attorney: Sellers $195+ || Buyers $350+ Quitclaim Deeds from $150
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Lohse Law can assist you with the purchase or sale of commercial properties in the Chicagoland area (or seven (7) counties around Chicago). Commercial properties include residential properties with 5 or more units, mixed use buildings, commercial buildings, retail buildings, and industrial buildings.
Commercial real estate closings can be extremely complicated with many steps to get to a successful closing. Therefore, it is advisable to hire an attorney to guide you through the process to ensure everything is handled correctly and "title" is properly conveyed. Chicago Real Estate Attorney Brian Lohse will represent you from the time the offer is presented until the keys are handed over at the closing table.
If you are either contemplating making an offer to purchase a property, or to accept an offer for the property you are selling, call attorney Brian Lohse first to discuss the important points that should be addressed in the Purchase Agreement.
Lohse Law only handles 15-20 real estate transactions at any given time. Unlike many other attorneys that employ assistants and secretaries to handle everything except the "closing," real estate closing attorney Brian Lohse handles the entire transaction from beginning to end. With such a small caseload, attorney Lohse is able to work directly with you for your closing. He will help protect your interests and will explain how particular issues can affect you both legally and financially. You have a lot of money at stake for your transaction, don't you want a lawyer personally working for you?
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The majority of real estate closings in Illinois involve attorneys because the Illinois Supreme Court has ruled that even though many items may appear simple the consequences are too large. The Illinois Supreme Court specifically prohibits a real estate broker from performing the tasks of a Lawyer (The Chicago Bar Association v. Quinlan and Tyson, Inc. 34 Ill.2d 117, 1966). See more in the blog page about what a broker can and cannot do.
Your real estate attorney has your legal interests in mind and owes you a duty of loyalty. Others involved in the real estate transaction do not owe you a duty of loyalty (i.e. realtors, lenders, appraisers, inspectors). These other professionals may not have your best interests in mind and may be motivated by commissions or payment. Before you sign documents involving significant legal rights and obligations, I can explain the terms and help you understand what you are signing. Remember that it is your attorney's responsibility to look after your best interests, not your realtor.
Commercial Condominiums valued from $25K to $2.5MM
Apartment buildings with 6 to 64 units
Retail on the ground level and residential above
Multi-Tenant medical and office buildings
Strip Centers valued at $200K or more.
Light industrial buildings valued at $100K to $2MM.