Real Estate Transactions

---

Residential Real Estate in North Little Rock, Arkansas

With historically low interest rates and rapidly rising property values, many people have the opportunity to own their first home or upgrade to the new home of their dreams. However, many buyers and sellers, both experienced and inexperienced, take an unnecessary risk by signing an offer and acceptance drafted by the real estate broker, not a licensed attorney. Afterwards, the party may discover the broker's agreement does not fully protect the party's interests and the broker's agreement does not reflect their intended agreement. Realtors' forms contain language that not only do not protect your legal rights, but may also waive many legal protections. If the realtor's form is not as the parties intended, it may cost thousands of dollars in legal fees to either correct the transaction or avoid the agreement altogether. Hiring an experienced attorney to draft necessary documents or to, at the very least, explain, from a legal perspective, the offer and acceptance, plus the financial documents, during the home buying/selling process, will provide information to help you understand all aspects of your transaction.

Commercial Real Estate

The hidden value in your long held commercial real estate or the "great deal" made on newly acquired property can create tax and financial planning issues. A few options to utilize are a 1031 (like-kind) exchange, a sale-lease back, or other tax driven strategies. However, some strategies and protections may be unavailable if you fail to have documents reviewed before entering into the transaction. An experienced attorney can assist and advise you during the entire process of purchasing or selling your commercial real estate.

Leases

Whether you are the lessor or lessee, Ball & Stuart is available to assist your commercial or residential leasing needs including custom tailoring your lease, providing a standard lease, reviewing and updating a current lease, or simply advising you on the legal terms and issues associated with your transaction.

AV® Preeminent™ and BV® Distinguished™ are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies.