LegalFaces.com

What is involved with a purchase or sale of a business?

There are many factors involved in the purchase and sale of the business that we call lack of review and assistance. But respect to sale of the business, the seller wants to be protected from the buyer having buyer’s remorse and coming back and if the buyer doesn’t business and turn up away the way the buyer wants it to; suing the seller for misrepresentations. The buyer wants to make sure that the seller has properly made the right representations that they know what they are buying; they are getting what they are paying for. Both the buyer and the seller are very concerned about tax consequences. They need to make sure that the agreement is structures properly with respect to the tax aspects. I am Jep Matsen and I am the founding and managing partner of Wealth Strategies council. We have people preserve, protect and transfer their legacy to the next generation, in the most cost saving and efficient manner possible.

tags: business law business purchase business transactions business formation incorporation succession planning exit strategy business litigation contracts legal counsel shareholder agreements partnership agreements family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

What's the #1 mistake when buying commercial property?

The number one mistake people make in buying commercial property is they don't carefully analyze the vehicle in which they utilize to purchase the property. They need to make sure that they have the proper liability protected entity in which to place the property. And they also need to make sure, of course, that they are getting what they're paying for. They need to make sure that the representations of the seller, the disclosure of the seller, is complete and exhaustive. They need someone to review those disclosures who has experience in real estate and knows what the problems can be. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy the next generation in the most cost saving and efficient manner possible.

tags: real estate law purchase agreement sales and acquisitions joint venture agreement construction contracts rental property commercial property commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

What should real estate buyers be the most aware of?

If you're the buyer of legal property, some of the major legal concerns you should have deal with the representations and disclosures made to you by the seller. You also need to make sure that the title policy is in effect, and that if there are zoning or other requirements, that you are aware of those zonings and they fit into what your development or purchase plans are. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.

tags: real estate law real estate purchase lease agreements sales and acquisitions rental rental property commercial property joint venture agreement construction contracts commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel