Commercial Real Estate at Thompson Burton
Thompson Burton PLLC provides effective commercial real estate solutions for business and property owners in the Nashville area. Our commercial real estate lawyers
are available to serve as your real estate transaction coordinator, land use attorney, or advisor on all other commercial real estate matters, such as:
- Commercial real estate closing costs
- Commercial real estate transactions
- Commercial real estate loans
- Types of commercial leases
- Contractual agreements
- Zoning laws
- Intellectual property laws
- Commercial real estate taxes
- Commercial litigation
- Bankruptcy and creditors’ rights
Our attorneys in Nashville, TN. have extensive experience representing commercial real estate clients from entrepreneurs to landlords to multi-location business owners.
Nashville Commercial Litigation Attorney
At Thompson Burton PLLC, we ensure that our clients and their properties stay protected. As a commercial real estate owner, you may experience disputes regarding incorrect zoning laws, leasing disagreements, tenant complications, loans, or property taxes at some point. If you require legal assistance in any of these areas and are searching for a commercial real estate attorney in Nashville, TN., don’t hesitate to contact our local law firm.
Our dedicated team of commercial litigation attorneys includes Walt Burton,
a founding partner of Thompson Burton PLLC. Walt Burton is a highly acclaimed attorney
known for his impeccable approach to detail when representing clients in real estate transactions, leasing, real estate finance, acquisition, and disposition.
Commercial Real Estate Lawyer Near Me
Thompson Burton’s commercial real estate attorneys are available to serve you throughout the Nashville area. To learn more about our commercial real estate attorneys and how we can assist you, give us a call or contact us
to schedule an initial consultation with our practice. We look forward to working with you.
In January, the New York Times acknowledged Nashville’s spot as the newest “it” city. Billboards and commercials across America showcase the city while advertising ABC’s hit series “Nashville.” On the business front, Nashville is leading the nation in job growth. Given these trends, Nashville must be doing something right. According to the New York Times, Nashville was “once embarrassed by its Grand Ole Opry roots,” yet those roots seem to be precisely why Nashville is so popular. Nashville, it seems, is now starting to embrace its musical heritage and unique culture. Look no further than the $623 million Music City Center downtown, which will provide ample opportunity for increased visitors and visibility for the city. The Music City Center itself harkens back to Nashville’s musical roots, with its main section being shaped like a guitar. There has even been talk of a guitar-shaped office tower in recent years. The question becomes, then, “What is Nashville’s brand […]
One of the main reasons small business owners decide to incorporate is to limit personal liability for business debts. Lawyers usually advise clients to do certain things to maintain limited liability. Those things are not difficult, but they must be done properly. The typical advice is to open a separate bank account, enact and follow corporate bylaws, hold regular board and shareholder meetings, keep a stock ledger and observe general corporate formalities. This is all great advice, but sometimes lawyers forget to advise their clients regarding the simplest things: how to properly execute legal documents on behalf of the corporation. A recent opinion by the Tennessee Court of Appeals serves as a great reminder to business owners on just how important the proper execution of legal documents can be. Mudd v. Goostree involves a fairly standard commercial lease in which Mudd Properties is identified as the “landlord” and (ostensibly) Liberty […]
The Tennessee Real Estate Transfer Tax is codified at Tennessee Code Annotated § 67-4-409. TCA 67-4-409(a) requires that “all transfers of realty, whether by deed, court deed, decree, partition deed, or other instrument evidencing transfer of any interest in real estate” are subject, upon recordation, to a tax of $0.37 per $100.00 (the “Transfer Tax”) calculated based on the greater of “the consideration for the transfer;” or “the value of the property” (“Transfer Tax Formula”). The Transfer Tax is paid in consideration of the privilege of recordation and applies to both residential and commercial transactions. As in most states, there are several exemptions from the requirement to pay the Transfer Tax, including transfer of a leasehold estate, creation or dissolution of a tenancy by the entirety, deeds of division in kind of realty formerly held by tenants in common, release of a life estate to the beneficiaries of the remainder […]
1. Do a Thorough Review of Your Prospective Tenant Needs. Prior to starting the property search, perform an evaluation of your overall business strategy and needs. Ideally, give yourself at least 9-12 months to complete your review and identify the location of your future lease premises. How much space do you need? Is telecommuting or flex time an option for your employees? How important is location? Do you need to be close to your customers? Where are your employees located? Do they need mass transit access? Is parking a major issue? Is visibility (from major roadways) important to the success of your business? What about signage? Are you willing to execute a long-term lease? Do you need a termination right? How quickly is your business growing? Do you need an expansion strategy? Do you need use restrictions on the non-leased premises at the property to be successful? 2. Engage a […]
In Tennessee, like most states, there is a statutory means by which a person or company who provides labor or materials for the improvement of real estate can secure payment for the work or materials. Tennessee’s mechanics’ or materialmen’s lien statute was overhauled in 2007 to make it easier to understand and more simple; however, the statute remains full of potential pitfalls and rife with deadlines of various types that can be costly for the unwary. We recommend hiring a commercial real estate attorney to ensure your rights are protected. Although the statutory changes in 2007 require that the statute “be construed and applied liberally to secure the beneficial results, intents, and purposes” of the statute, “strict compliance” with the statute is still required. Tenn. Code Ann. § 66-11-148; Sequatchie Concrete Co. v. Cutter Labs., 616 S.W.2d 162, 165 (Tenn. 1980). To have a lien, the claimant must have improved […]