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Issue link: https://digital.miamilivingmagazine.com/i/1534547
Real Estate Law Uncovered - Protecting Your Investments As part of our legal advice series, Regina M. Campbell, Esq., managing partner of The Campbell Law Group P.A. (thecampbelllawgroup.com) in Coral Gables, Florida, explains the complexities of real estate transactions, ranging from commercial acquisitions to lease agreements. We sat down with Regina M. Campbell, Esq. to gain valuable insights into real estate law and learn how to best protect your investments. Miami Living: What are the most common pitfalls people face in commercial real estate transactions, and how can they avoid them? Regina M. Campbell: Some of the most common pitfalls people face in commercial real estate transactions relate to a lack of due diligence, underestimating the true cost of the lease or purchase and ignoring zoning laws as well as land and building restrictions. Such restrictions and cost that may greatly affect a business or use of the commercial property include not understanding noise or operating restrictions and limitations on use of the common area, parking cost, pass through expenses, relocation rights and/or limitation on subletting whether directly or indirectly.