(804) 438-5522
Real Estate
Hubbard, Terry & Britt provides legal services for the purchase, sale, financing, refinancing and development of residential, commercial and industrial real estate. Our attorneys are experienced in contract negotiation, land use issues, zoning and in choice of entity considerations. We fully understand the interplay between real estate ownership and estate planning and encourage our clients to look beyond the immediate closing. This expertise has proven instrumental in helping our clients develop many of the premier office buildings, retail and commercial shopping areas, residential single-family, condominium, townhouse and age-restricted communities and mixed-use projects in the Counties of Lancaster, Northumberland and Middlesex. Representative business clients include lenders, builders, real estate brokers, commercial real estate developers, corporations involved in regional and national manufacturing and distribution, trade associations, shopping centers, leasing agents, hotels, resort properties, healthcare campuses and condominiums.
Our attorneys provide comprehensive services including:
- Commercial and residential settlements
- Title examinations
- Distressed business and real estate workouts
- Leasing agreements and leasing management
- Tax-deferred and reverse (1031) exchanges
- Contract preparation and review
- Construction agreements/financing
- Land use planning and rezoning
- Landlord/tenant litigation and collections
- Commercial development
- Chesapeake Bay and wetlands regulations
- Corporate/LCC organization
With the experience gained through service on bank boards for Chesapeak Bank, we provide financing sources and services in lending for development, construction, acquisition and refinances. We act as counsel to lenders, title insurance companies, surveyors, appraisers, brokers, home and pest inspectors, insurance providers and management companies.
- Intellectual Property
- Joint Ventures
- Land Development
- Limited Liability Companies
- Liquidation and Dissolution
- Medical and Allied Health Alliances
- Mergers and Acquisitions
- Partnership Agreements
- Securities
- Strategic Business Planning
- Subchapter S Corporations
- Unfair Competition and Trade Practices
Real Estate Litigation
Our attorneys specialize in both state and federal litigation and the real estate practice often presents opportunities that require resolution through litigation or other form of dispute resolution. Protecting and preserving a party's interest in real estate frequently requires judicial intervention to resolve controversies and we represent clients in the following areas:
- Specific performance actions to enforce sales agreements
- Appeals from adverse zoning board decisions
- Actions to declare contract interpretations
- Injunctions from violation of covenants and restrictions, trespass, waste, water diversion
- Mechanic's lien and Miller Act claims
- Suits to clear title to property
- Commercial and residential lease agreement disputes
- Partition to divide interests acquired through estates
- Boundary disputes
- Condemnation defense
- Riparian Rights including piers, oyster grounds, storm and erosion control structures
Taxation
Tax planning is an integral part of any real estate transaction. Taxes can be deferred through the sale of an entity, exchanges of like kind property and seller financing. We offer tax advice to buyers and sellers on the consequences related to a purchase and sales. Allocation of assets independent of the real estate can have significant implications on the taxability of the transactions.
