Real estate transactions involve complex financial transactions with serious legal implications. At Kauffman Thompson, you'll find in-depth financial experience, combined with a comprehensive understanding of all sides of a real estate transaction. With over 30 years of experience in the Sarasota and neighboring real estate markets, KLO attorneys are strategically qualified to counsel buyers, sellers, investors, management companies, contractors, and lenders who require representation across the spectrum of real estate transactions.
Real Estate Transactions
Kauffman Thompson handles both residential and commercial real estate transactions, from the purchase of a single-family residence to the development of a large downtown office or mixed-use building. KT is experienced in drafting, negotiating and facilitating the following transactions:
- real estate purchases or sales (including for residential, commercial, retail, industrial, vacant land, etc.)
- title, escrow and/or closing services (we are agents for Old Republic National Title Insurance Company and Chicago Title Insurance Company)
- lease agreements (including for commercial or residential leases for single-family homes, office buildings, restaurants, shopping centers, billboards, churches, land leases, etc.)
- easement agreements (including parking, access, utility and/or encroachment easements)
- 1031 tax-deferred exchanges, opportunity zones and other governmental tax incentive programs
- option agreements (including lease-option and lease-purchase transactions)
- private equity financing and private placements for real estate investments and/or development projects
- construction activities and liens
- real estate financing on behalf of banks, private lenders (including seller loans) or borrowers, including the drafting and preparation of mortgages, promissory notes and related loan documentation;
- property management agreements
- condominium developments (including preparing condominium documents, and handling the state filings, for residential, commercial and land condominiums; managing the construction loans and buyer escrows; preparing and negotiating condominium purchase agreements)
- forming corporations, limited liability companies, partnerships and other business entities for the acquisition and development of real estate
- tenant-in-common (TIC) agreements
- license agreements
- advising foreign property sellers regarding FIRPTA issues
- property management agreements
- development activities (including agreements with municipalities for subsidies and/or incentives, preparing declarations of restrictions for residential communities, high-rise condominiums, mixed-use buildings and/or industrial projects; negotiating encroachment, easement or off-site parking agreements required by the city, county or other municipality; etc.)
- deed transfers and re-titling real estate assets
- escrow agreements
- land trusts
- declarations of covenants and/or restrictions
- short sales
- rights of first refusal
- parking license agreements
Don’t Enter a Real Estate Transaction Alone
Kauffman Thompson knows that every real estate transaction has multiple moving parts and the involvement of many people, entities, and parties. Our team stands ready to represent and protect your best interests, while minimizing your risk and getting you to a successful closing.