THE IMPORTANCE OF NEGOTIATING REPRESENTATIONS, WARRANTIES, AND SURVIVAL PERIODS
By Clint Wilson, Real Estate & Business Attorney
In the intricate world of commercial real estate, every transaction is unique and comes with its own set of challenges and uncertainties. Buyers and sellers alike tread cautiously as they seek to protect their interests in what often amounts to significant financial investments. In the pursuit of a successful deal, negotiations play a pivotal role. Representations, warranties, and their associated survival periods hold particular importance among the many components of these negotiations. In this blog post, we will delve into why sellers and buyers of commercial properties negotiate heavily over representations and warranties and why their survival period matters.
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Founder & CEO, Group 8 Security Solutions Inc. DBA Machine Learning Intelligence
2wSo true!