Contractor · FL · Member since 2022 · 9 posts · 2 votes
Hi Guys.
Question? Since im jumping with a partner into new development deals, and i already have an engineer, architect, designer, realtors. Now in the legal matter, what type of attorneys should i hire from now on? One i need an attorney to represent us in each deal, but what type ? and also, an attorney for JVs.. is there an “attorney for development projects” type of thing? or different attorneys that i will be dealing with? Please advice. Our strategy is simple, buy land, build and sell.
The post above is accurate. Attorneys generally have different specializations, so you will likely need to partner with at least a couple that deal with different areas of law based on your needs. You could get in contact with a larger firm as they would likely have all of these attorneys in different departments. Alternatively, you could reach out to multiple, smaller firms with different practices.
The post above is accurate. Attorneys generally have different specializations, so you will likely need to partner with at least a couple that deal with different areas of law based on your needs. You could get in contact with a larger firm as they would likely have all of these attorneys in different departments. Alternatively, you could reach out to multiple, smaller firms with different practices.
Hi @David Sotomayor you could go with a real estate attorney that has experience in contract law or you could go with a contract attorney with experience in real estate. I noticed that you are local to Tampa. I am also based out of Tampa and live in Hyde Park. I've got a great real estate attorney that writes up the document packages on all of my hard money loans and closes all of my RE buy/sells. Frank Lafalce is his name and his firm is Anthony & Partners. Their office is downtown. I'm happy to make an intro for you or share his contact info with you if you want to shoot me a pm.
You definitely need a construction attorney. They will specialize on all phases and development of the store from start to finish and be able to mark timelines and benchmarks for your contractors.
I can’t tell you home many investors I have met that have done major remodels or developments without a construction attorney to hold the GC and architects accountable via a written contract.
Most construction attorneys have a knowledge of creating a basic joint venture agreement between you and your partner that governs the financial responsibilities, areas of responsibilities and the resulting profit split.