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.
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 […]
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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 […]
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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 […]
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In December, I wrote an article about the FDIC’s fervent pursuit of lawsuits against former directors and officers of failed banks in Georgia. At the time, the FDIC had elected to sue directors and officers at 11 of the approximately 85 banks that have failed in Georgia during this economic downturn. Since I published that article, the FDIC has continued its onslaught against the directors and officers of failed banks in Georgia by filing 2 additional lawsuits last month. Both lawsuits were filed in the Northern District of Georgia against former directors and officers of First Security National Bank, which was based in Norcross, Georgia, and Rockbridge Commercial Bank, which was based in Atlanta, Georgia. The complaints against the directors and officers of these banks are substantially similar to the complaint against the directors and officers of Buckhead Community Bank that I discussed previously. In the case against First Security […]
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I’m currently advising a bank client regarding the purchase of a loan secured by distressed retail commercial real estate. There are numerous reasons lenders decide to buy and sale loans. Often, sellers are facing liquidity demands, regulatory pressure, lack of experience working out a specific type of distressed asset, or simple portfolio realignment. Buyers often have excess capital to lend or invest, possess the experience to work out a distressed loan, or simply want to try and get control of the note to attempt to foreclose on the underlying commercial real estate. Recently, it seems like most sales that I see are regulatory related, as banks are pressured to move underperforming or disfavored industry-specific loans (i.e. homebuilder, retail, leisure) out of their portfolios, sometimes at significant discounts. Many loan sales occur after the FDIC has seized a lending institution and placed it into receivership. Loan sales can include pools of […]
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