One of the greatest challenges in dealing with commercial real estate is managing limitations upon how the property is to be developed, utilized, and accessed by the public or other parties. Easements, CCRs, and contractual limitations are issues which often must be addressed for a commercial project to be viable. Failing to properly negotiate or document these types of restrictions can result in ongoing disputes over the property and extensive litigation. Having an experienced attorney to handle such matters can be an important step towards saving both time and money. Vivid Niroula is an Oklahoma commercial real estate lawyer who assists with such issues. Contact our office today to schedule an initial consultation.
OKC attorney assisting with property easements and other property restrictions
There are several issues which must be addressed in most commercial real estate projects. These include access to the property, access to water drainage, whether public utilities will run across the property, and more. Many properties also must deal with necessary restrictions regarding the use of the property or conditions of use. Easements are a mechanism through which one can grant access to their property to specific entities for specific uses. A property owner may also need to have an easement granted to someone else’s property. Covenants, conditions, and restrictions (CCRs) can create and govern limitations upon the use of property. These various mechanisms are often necessary for a commercial property to properly function within a larger area.
Vivid Niroula is an OKC attorney who assists commercial property owners with easements and CCRs. Vivid will analyze the nature of your property and the goals of your business. If you are acquiring a property, and need an easement from an adjoining lot, then Vivid will work to negotiate the issue with the adjoining property owner. He will also work to ensure that your acquisition of property is contingent on the easement being granted. Issues for which we can assist with negotiating an easement include:
- The placement of utility services on the property
- Easements related to water drainage
- Ingress & egress rights (for driveways, roads, etc)
- Cross-access rights (so that parties may go back and forth)
- Rights related to parking and other infrastructure shared between property parcels
Vivid is also able to draft CCRs which place needed restrictions on the use of your property. Such restrictions may include, but not be limited to, how buildings may be designed, how large they may be, and what constitutes an appropriate use. No two situations are the same, which is why our firm will take the time to learn the specifics of your situation and craft a custom solution. Reach out today to schedule an initial appointment.
Attorney assisting Oklahoma commercial property owners with existing easements and CCRs
It is also common for one to wish to acquire a commercial property which is subject to easements or CCRs. Before acquiring such a property, our lawyer will analyze such restrictions and provide a risk analysis of how they may impact your use of the property. If necessary, we will negotiate with other property owners to extend your ability to use the land. We will also work with any third-party professionals needed to do so. This may include land surveyors, city planners, and more. We work to ensure that your property is able to meet your needs.
Our firm strives to be an “end-to-end” solution for commercial property owners. This is why we assist with negotiating commercial real estate purchases, drafting purchase and sale agreements, dealing with distressed commercial properties, and more. In addition to Oklahoma City, we also assist individuals in Edmond, Norman, Mustang, Nichols Hills, Yukon, El Reno, Shawnee, Chandler, Stillwater, and throughout the rest of the state.
