Business & Real Estate Transactions
• South Florida

Business & Real Estate Transactions Attorney in Fort Lauderdale

Legal guidance for business purchases and sales, commercial agreements, property transactions, and leases—from reviewing the proposed terms to completing the agreed legal work.

OVERVIEWWHAT WE HANDLEFAQCONSULTATION
OVERVIEW

How we approach this work

Buying a business, negotiating a contract, or purchasing property involves decisions that can affect your obligations long after signing. The Elliot Legal Group, P.A. provides legal guidance on business and real estate transactions from its Fort Lauderdale office, with the scope of representation tailored to each engagement. A transaction is the part of a legal matter where the terms are still open. Once a purchase agreement is signed, a lease is executed, or a closing happens, most of what either side can do has already been decided by the document. The questions that matter are therefore front-loaded: who is actually buying, what is actually being bought, what happens if a condition is not met, and who carries the cost when something turns out to be different from what was represented. The firm works on both sides of that line. It drafts, reviews, and negotiates the agreements that govern business and real estate deals, and it handles the disputes that arise when those agreements break down. A client who engages the firm on a transaction is working with a firm that has seen how the same clauses are argued about afterward. Work is handled from one office at 115 NE 3rd Avenue, Suite 707, Fort Lauderdale, Florida. The firm's primary market is Fort Lauderdale and Broward County, and it represents clients in Miami-Dade and Palm Beach counties as well.

Who we assist

Business owners buying or selling a company. Often a first or only transaction of this kind, where the buyer or seller needs to understand what the letter of intent commits them to, what the purchase agreement is actually transferring, and what obligations survive the closing.

Companies that sign agreements regularly. Vendor contracts, customer agreements, service agreements, and supplier terms, where the volume is routine but the exposure is not.

Partners and co-owners setting terms between themselves. Operating agreements, shareholder agreements, and bylaws that set out management, ownership, contribution, distribution, and exit — including consensual changes to ownership when someone joins or leaves.

Buyers, sellers, and owners of commercial property. Office, retail, industrial, and investment property, where the diligence period and the contract terms determine what a buyer can still walk away from.

Residential buyers and sellers. Individuals and families buying or selling a home who want the contract, the disclosures, and the closing documents looked at by a lawyer representing them.

Landlords and business tenants negotiating commercial leases. A commercial lease is a long-term financial commitment written by someone else’s lawyer. The firm will assess commercial lease matters for landlords and for business tenants, case by case, subject to conflicts and an agreed engagement. The firm does not handle residential tenant defense.

Out-of-state and international clients buying into Florida businesses or Florida property are a regular part of this work.

When to contact a transaction attorney

The useful moment is almost always earlier than people expect.

  • You have been sent an agreement and asked to sign it. Before signing is when the terms can still change. After signing, the question is no longer what the contract should say.
  • You have signed a letter of intent for a business purchase. An LOI is usually described as non-binding, but it often contains binding provisions and it sets the terms the definitive agreement will be built from.
  • You are inside a diligence or inspection period. These periods are short, and they are the window in which a buyer’s rights to renegotiate or withdraw usually sit.
  • You are being asked for a personal guarantee. On a commercial lease or a business loan, this moves the obligation from the company to the individual.
  • The other side’s lawyer drafted the document. That document reflects their client’s priorities. Someone should read it for yours.
  • A closing date is approaching and something does not match. A title issue, a survey discrepancy, an undisclosed condition, or a term that is not what was discussed.
  • You are bringing in or buying out a co-owner. Ownership changes are easier to document while everyone still agrees.

How the engagement works

  1. Initial Case Assessment & Firm-Fit Call. The first conversation is conducted by a non-attorney member of the firm’s team, working under the Managing Partner’s supervision. The purpose is to identify what the matter is, who the parties are, whether there are deadlines, and whether the matter fits the firm’s practice. This call does not include legal advice and does not include review of your documents.
  2. Conflict review and attorney assessment. The firm runs a conflict check and the Managing Partner assesses the proposed engagement. Whether the firm can take the matter is decided at this stage.
  3. Written engagement agreement. Scope and fees are set out in writing and agreed before substantive work begins. Document review and drafting are part of the engaged work, not part of the earlier stages.
  4. The work. Document review, drafting, negotiation, and transaction support, as set out in the engagement.

If a transaction has a signing or closing deadline, say so in the first conversation. Deadlines affect whether and how quickly the firm can take a matter on.

What to prepare for an initial assessment

Have this ready to describe. Please do not send contracts, financial records, or other confidential material until an engagement agreement is signed — the firm will tell you how to transmit documents once it can receive them.

  • What the transaction is, in a sentence: what is being bought, sold, leased, or agreed.
  • Which side you are on — buyer, seller, landlord, tenant, lender, co-owner.
  • Who the other parties are, including company names, so a conflict check can be run.
  • Any dates that already exist: signing date, inspection or diligence deadline, closing date, lease commencement, option or renewal deadlines.
  • Whether anything has been signed already, and what.
  • Whether a broker, agent, title agency, lender, or accountant is already involved.
  • The approximate value of the transaction.
  • What outcome you are trying to reach, and what you are worried about.

Gavin’s role

Gavin Elliot, Esq. is the Founder and Senior Managing Partner of The Elliot Legal Group, P.A. and the attorney responsible for the firm’s transactional matters. All legal judgment on a transaction — whether the firm accepts the matter, how an agreement should be structured, what a term means for you, and what position to take in a negotiation — rests with him.

Earlier stages of contact with the firm, including the Initial Case Assessment & Firm-Fit Call, are handled by non-attorney staff under his supervision and do not involve legal advice.

YOUR COUNSEL

Gavin T. Elliot, Esq.

Gavin T. Elliot, Esq. is the Founder and Senior Managing Partner of The Elliot Legal Group, P.A. in Fort Lauderdale, Florida. His practice focuses on business litigation, real estate disputes, partnership and shareholder conflicts, corporate governance matters, and related civil disputes.

Founder and Senior Managing Partner
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