How to buy commercial real estate

How to buy commercial real estate

Commercial real estate acquire for business, subsequent resale or rental. When buying objects it is very important to take note of certain rules.

1
The list of commercial real estate includes shops, bars, office and storage facilities, hotels. When choosing an object, pay attention to its location. If residential premises are better to acquire away from the city, then commercial is preferable to choose next to the central streets of cities.

2
Decide for what purpose you are planning to buy a commercial object. Based on this, set your requirements. Check your favorite property. For this procedure, you can attract special appraisers or lawyers. Such a check will help draw up a legitimate deal and protect yourself from unpleasant news after the conclusion of the contract.

3
In the process of checking, the specialists will find out, has an object of any disadvantages. They also calculate any mistakes in legal documents. If you do not want to spend additional money on specialist services, check yourself yourself. Request an extract from the USRP to check the ownership of Owner to sold real estate.

4
Request a request to the territorial body of Rosreestra and pay the state fee. You can also apply and get information online. If you wish, ask for an extract to a specialized company. Check the owner and its powers by contacting the police station at the place of residence.

5
Ask the seller to provide you with the contract of sale of invisibility, to find out when and how he acquired a commercial object. The fact is that extract from the USRP will not provide you with information on the confirmation of the purchase sales seller. Therefore, ask him to provide you with this data. They must be included in the contract. If for some reason the owner did not pay the property to the former owner, he can make a claim to you.

6
Also ask the owner to provide you with the following documents - technical passport, floor plans and explanations for them. Documents reflect accurate information about the object, for example, its purpose, accurate address and location. For them, you can define uncoordinated redevelopment of the real estate.

7
Ask to provide contracts for the provision of real estate utilities - water and gas supply, electricity, water disposal. Check if the owner of debts has no deposit services.

8
To conclude a deal, come to a meeting with the owner personally. When you sign all the documents and make a payment, transfer them to local registration service. She will give you documents for purchased property, which will indicate your right to property.

9
Mackers or realtors are acquired services for the purchase of commercial facilities. You can find an advertisement for real estate agency in the newspaper or the Internet. For an additional fee, they will help to choose quality real estate, show you it and help in drafting the necessary documents. The cost of services is 1-2% of the acquired object. Payment is made on the fact of the conclusion of the transaction, so the manels are simply obliged to arrange documents and accompany you to the notary.

You can purchase commercial real estate without resorting to the services of specialized companies. If you are guided by the above councils, you can buy a good object without unpleasant surprises later.

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