Real Estate

Heritier Nance & Smothers, P.C. represents clients in transactions involving the purchase, sale, lease, development and financing of commercial and residential real estate. We take a thorough yet pragmatic approach, using our experience and expertise to get deals closed while making sure our clients' interests are protected.

Real Estate Transactions

Heritier Nance & Smothers, P.C. has been assisting businesses and individuals with their real estate transactions for five decades. We have extensive experience and expertise in handling a wide variety of real estate matters, including:

Purchases and Sales

  • Purchase and sale of commercial, industrial and residential property
  • Negotiation and preparation of purchase agreements, option agreements, escrow agreements and land contracts
  • Advice on and resolution of due diligence issues
  • Preparation of closing documents and coordinating closings
  • Advising on tax issues relating to the acquisition and sale of real property
  • Acting as liaison for out-of-state law firms in Michigan real property transactions, and assisting Michigan clients with the purchase and sale of real property outside Michigan
  • Structuring complex real estate transactions to accommodate tax-free exchanges

Leasing

  • Drafting leases for build-to-suit commercial construction projects, single-tenant and multi-tenant commercial buildings, and retail properties
  • Drafting lease assignments and subleases
  • Advising and handling landlord/tenant disputes
  • Drafting residential leases

Financing

  • Advising and assisting real estate developers with construction and end loans
  • Drafting promissory notes, mortgages, guaranties and security agreements for loan transactions

Construction

  • Drafting construction contracts for projects of all sizes
  • Advising on, preparing, recording, and foreclosing on construction liens

Land Development

  • Structuring subdivision and condominium developments
  • Drafting easement agreements
  • Drafting restrictive covenants
  • Advising and assisting with land divisions

Zoning and Planning

  • Advising on land use and zoning issues
  • Representing clients before city councils and planning commissions on land division applications, rezoning applications, and tax abatement applications

Real Estate Tax Appeals

  • Commercial and residential tax appeals before the Michigan Tax Tribunal
  • Advising and assisting clients with tax assessment matters and dealing with the local Board of Review
  • Advising and assisting property owners with Principal Residence Exemption (PRE) matters, including State of Michigan PRE denials

Troy, Michigan Commercial and Residential Real Estate Attorneys

At Heritier, Nance & Smothers, P.C., our focus is on getting deals closed while protecting the interests of our clients. We represent businesses and individuals in Michigan and beyond in real estate matters ranging from the small and straightforward to the large and complex. We invite you to call us at (248) 828-4020 or contact Heritier Nance & Smothers, P.C. online to schedule a consultation. We look forward to working with you.