Thursday May 23, 2024
Uncovering Hidden Risks: Navigating Sub-Surface Utilities in Commercial Real Estate Transactions
In this episode, we delve deep into the often overlooked world of sub-surface utilities and the critical considerations they bring to the forefront of commercial real estate transactions. Join us as we explore the potential risks and challenges faced by both lawyers and their clients when dealing with hidden infrastructure lurking beneath the surface. From underground pipelines to electrical conduits, we uncover the complexities that can impact the success of a deal.
But fear not, as we also shine a light on strategies for mitigating these risks through thorough research and due diligence prior to acquisition or groundbreaking. Learn how advancements in technology and easier access to data are empowering legal professionals to navigate these subterranean obstacles with confidence.
Whether you're a seasoned real estate lawyer or a prospective client entering the market, this episode offers invaluable insights into safeguarding your interests and ensuring a smooth transaction process in the face of sub-surface uncertainties. Tune in and gain the knowledge you need to dig deep without hitting roadblocks.
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