The purchase and sale agreement decides how long you have to investigate the property, when the deposit goes hard and what happens if something goes wrong before closing. We draft or review PSAs for buyers and sellers of commercial property, including title and survey procedures, representations and remedies. You get a redline and a timeline of the deadlines the contract sets.
At a glance
- Practice
- Real Estate
- Pricing
- Flat fee, quoted before we start
- Included
- 6 deliverables
- Process
- 3 steps, one named attorney
- Where we work
- Slack, email or a call
When founders call us
The moments that usually bring a company to us for this work.
- 01
The LOI is signed and the seller's PSA draft has arrived
- 02
You are selling a property and want a PSA that limits post-closing exposure
- 03
You are buying as part of a 1031 exchange and the timing has to work
- 04
The title commitment or survey has turned up an issue before the deadline
What you get
Scoped in writing before we start. One flat fee for all of it.
- Redline of the purchase and sale agreement
- Review of diligence period, deposit and termination rights
- Review of title and survey objection procedures and permitted exceptions
- Analysis of representations, survival periods and liability caps
- Review of closing conditions, prorations and closing deliverables
- Deadline calendar from signing to closing
How it works
- 1
Deal intake
You send the LOI, the PSA draft and any title, survey or lease information you already have.
- 2
Review
We redline the PSA and map each deadline against your diligence and financing plan.
- 3
Attorney sign-off
A licensed attorney reviews the redline and timeline, and we support the negotiation.
Mistakes we help you avoid
The ones we see most often, and catch before they cost you.
- Avoided
A diligence period too short to get the title commitment, survey and environmental reports
- Avoided
A deposit that goes non-refundable before financing is in place
- Avoided
Missing the title objection deadline, which can mean accepting exceptions by default
- Avoided
Seller reps that survive for only a short period with a low cap on claims
Purchase & Sale Agreements: questions founders ask
Typically title, survey, zoning, environmental reports, physical condition, leases and service contracts. The PSA should give the buyer access to the property and documents and a clear right to terminate before the deposit goes hard.
The buyer reviews the title commitment and survey and sends objections by a set date. The seller then chooses whether to cure them, and the buyer can usually accept the remaining exceptions or terminate. Missing the objection deadline often means accepting what is on title.
We can review the PSA so it allows assignment to a qualified intermediary and its timing fits exchange deadlines. Whether a transaction qualifies for a 1031 exchange depends on the facts, so we coordinate with your tax adviser and intermediary on that question.
Either, but never both sides of the same deal. We confirm who we represent before we start.
Get a flat-fee quote for Purchase & Sale Agreements.
A short call with an attorney. You leave with a written scope and one fixed price.
Book a call