The residential and commercial real estate lawyers at the Watkins Firm have more than four decades of experience in local real estate developments, projects and transactions. We work to ensure your real estate related plans are achieved successfully. San Diego real estate commands some of the highest prices in the United States. The sums of money involved and the associated risks require the advice and counsel of seasoned legal partner who can help you to make informed decisions at each step of the process while constructing the business entities and contracts necessary to guide the project to a successful and profitable completion.
The work of our San Diego residential and commercial real estate lawyers often includes the creation of a business entity such as an LLC or a corporation. We work to ensure all federal and state securities laws are met when our clients are raising capital for their projects, and represent them in negotiations with banks, investors and financial institutions. We advise land owners, developers, home buyers, and commercial business clients in all real estate related matters including, but not limited to:
- Acquisition of land
- Creative financing and seller carry back contracts
- Negotiation and/or review of purchase contract(s) and closing documents
- Zoning and land use challenges
- Disputes regarding partition actions, construction defects and failure to disclose issues
- Commercial lease negotiations and contract review
- Disputes between neighbors, or between a homeowner and a contractor
- Evictions and unlawful detainers
Pro-Tip: ‘Real estate in California and everywhere else is unique. And I say that on purpose. It’s unique, meaning a Rembrandt is unique. And according to the law, art and residential real estate is unique. Meaning you can’t just give somebody a bunch of money saying, I’m sorry, I’m keeping your property, or I’m not selling the property because here’s the money, it’s irreplaceable. It’s unique.
So if you have a contract with somebody to buy their property and you performed all the obligations, you can get something called specific performance. You can get a judge to order the other party to complete the transaction. No, you can’t buy your way out of this. You have to give them the property. This kind of thing happens.
Let’s say you have this real estate, you’re at escrow to sell it. You got 10 acres and then you find out before close that, oh my gosh, they’re changing where the road’s going, now there’s going to be a freeway here and half of your land can become commercial property, and then it’s worth 10 times as much. So you don’t want to sell.
It’s unique. You do have to sell, but you’re going to fight like heck, that changes the price and switch it. It’s not even that dramatic. It happens all the time. You have people in escrow, I get ’em five, 10 times a year, you’re in escrow to buy a piece of property and the seller says, “I’m not selling to you.” And it turns out they had another offer for a hundred thousand dollars more and they just say, “Nope, Sue me.” We can, we do, and we win.’
The extensive real estate litigation and trial experience of the Watkins Firm ensures you have the best likelihood of success in any real estate related dispute. Draw upon our more than four decades of service as San Diego residential and commercial real estate lawyers to resolve your dispute or manage litigation and lawsuits in the fastest possible time frame and in a cost-effective manner.
We invite you to review our podcast Episode 43 – Real Estate Disputes as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
Ask about our unique approach to real estate litigation and our track record of success in these matters.