Dommermuth Cobine West Gensler Philipchuck Corrigan & Bernhard, Ltd., maintains a full-service commercial and residential
real estate practice.
Our attorneys have extensive knowledge and experience in handling a broad spectrum of commercial real estate transactions. From vacant land sales to construction contracts and from loan documents to bond sales our attorneys can and will meet your commercial real estate needs.
Because of the range of services our firm provides our attorneys are often engaged in a commercial transaction long before a contract is signed. We often begin with the corporate structure and will advise a client of the various means to hold title to real estate and the implications of each. The evolving law in Illinois and the availability of a different entities such as a Series Limited Liability Company can provide tangible benefits to a property owner.
Our attorneys will work with you on site selection for new construction or existing buildings. We will consult with our land use and zoning attorneys to evaluate the viability of a project and necessary contingencies. We will draft a contract to meet the unique circumstances of your transactions and negotiate terms to protect your rights to the fullest extent permissible under the law.
We will work with you through due diligence to ensure that the property will meet your needs for its intended use. We will also help negotiate financing terms, whether conventional or otherwise, to secure the necessary funds to close the deal and to protect your investment. Finally, we will attend the closing and ensure that every “i” is dotted and every “t” is crossed.
We provide comprehensive services including:
- Representation of Buyers & Sellers
- Commercial & Vacant Land Contracts
- Representation of Tenants and Landlords
- Commercial & Residential Leases
- Tax Increment Financing (TIF)
- Notes & Mortgages
- 1031 Exchanges
- Construction Contracts
- Parternship & Development Agreements
The purchase of a home is the biggest investment most Americans will make in their lifetime. It is also one of the most stressful times in an individual’s life. Our attorneys understand this and seek to act as your counselor-at-law in the transaction.
Our involvement in a residential real estate transaction traditionally begins after a contract is signed. In Illinois, the form real estate contract utilized by most real estate agents contains a 5-day attorney approval period. This 5-day period provides us the time to consult with you regarding the transaction and determine whether we are going to move forward to closing. During this time we will advise you of your rights and negotiate contract terms in your best interests.
Between contract and closing our real estate assistant will help coordinate inspections, loan approvals and facilitate all communications between the buyer, purchaser, lender, real estate agent(s) and the title company.
At closing, your attorney will review all of the sale documents, the title documents and walk you through the loan package(s). We are with you for the entire closing to explain the process, answer your questions and generally ensure that things go smoothly.
We provide comprehensive residential real estate services including the following:
- Residential home purchase
- Residential home sale
- Residential leases
- Seller financing agreements
- Mortgage documents
- Lease-to-own agreements