Do I Need to Also Hire an Attorney?

Absolutely. Lease and purchase contracts are legally binding documents. You receive the benefit of occupying and/or owning the space or building, and with that benefit come obligations regarding what you must do to maintain that occupancy or ownership.

When looking for an attorney, your healthcare real estate agent should be able to provide the names of several attorneys for you to interview to determine who can offer the best combination of value, protection, price, etc.

It is imperative that your attorney specializes in commercial real estate, contract, and business law. Just as you wouldn’t want a dentist performing orthopedic surgery, you don’t want an attorney who generalizes or focuses outside of real estate trying to be a real estate attorney.In such cases, the results are typically unwanted exposure or an attorney who will frustrate the owner or seller by asking for unreasonable things. Additionally, it will typically cost you significantly more than if you worked with an attorney who understands real estate law and is more efficient in their review.