So, you have just obtained a zoning variance! Now what?
Common projects that we work on for our clients after obtaining zoning approval include the following:
Borrower Financing/Private Fundraising refers to the process of receiving financing from a bank after you have received zoning approval or are receiving financing for the acquisition of your property. For example, we just completed a $7.2 million construction loan for one of our clients.
Business Counseling refers to corporate formation, drafting internal entity agreements, drafting management processes, and joint venture agreements.
Condominium/Planned Community Conversions involve drafting documents that form Planned Communities or Condominiums. Read our case studies Parcel of Land Converted into a 20-Unit Planned Community in Brewerytown and Zoning Variance Granted for Planned Community to get an idea of the kind of work required to make this happen.
Consolidations and subdivisions refer to the process of combining or dividing real estate properties into larger or smaller parcels, respectively. This can involve merging multiple lots into one or splitting one lot into several smaller lots.
Contractor agreements are legal documents outlining the terms and conditions between a property owner and a contractor for construction or renovation work. These agreements typically cover project scope, timelines, costs, and responsibilities of each party. To learn more about what you should consider before hiring a contractor, please view the following video.
Evictions can occur for both residential and commercial properties. Alan Nochumson regularly conducts seminars on the eviction process in Philadelphia, as you can see here, and Natalie Klyashtorny represents our clients in the eviction litigation process.
Leasing involves renting out property or assets to another party for a specified period of time in exchange for regular payments, often used in real estate for residential, commercial, or industrial purposes.
Litigation occurs when someone has a violation with L&I or an adjacent property owner. Natalie Klyashtorny and her team handle a broad range of matters, including business and real estate disputes, divorces, breach of contract actions, construction disputes, challenges to the validity or condition of title, mortgage and tax foreclosures, and employment disputes.
Rental licensing refers to regulations and requirements imposed by the City on landlords or property owners who rent out their properties. This includes obtaining a license, meeting safety standards, and complying with rental laws to ensure tenant well-being and property maintenance. The timeline for rental licensing varies depending on tax compliance and zoning, but usually takes from one to two months.
Tax abatements are an incentive offered by the City to reduce or exempt property owners from paying real estate taxes, usually as a way to encourage economic development or investment in specific areas. The timeline for receiving a tax abatement varies depending on a client’s tax compliance, but we can help you expedite the process.
For legal assistance with any of the projects above, or to obtain another variance, please reach out to Alan Nochumson at alan.nochumson@nochumson.com or (215) 600-2851 or schedule a meeting below.
