For Commercial Real Estate Brokers and Brokerages
Sikora Law is called upon to consult with and advise commercial real estate brokerages and to litigate disputes for brokers involving commission recovery situations. For example, Mike Sikora argued a commission recovery dispute involving a large commercial transaction to the Tenth District Court of Appeals in Franklin County.
Sikora Law has also prepared and recorded numerous commercial broker liens on behalf of its Clients when a commission is not paid and the necessary requirements for filing a broker’s lien are met. The recording of commercial broker liens often leads to resolution of real estate commission recovery disputes, as it gives the broker a legally protected interest in the real estate and may entitle the brokerage to recover its attorneys’ fees.
Commercial real estate brokerages are sometimes pulled into disputes between other parties to transactions, particularly when something goes wrong on a transaction or there is some deviation from expectations post-transaction, and our firm defends brokerages in those cases.
Sikora Law also defends against allegations that commercial real estate brokerages and/or their agents breached duties to one or more of the parties involved in real estate transactions.
Sikora Law also helps brokerages structure how they should be set up and registered with the Ohio Secretary of State and Ohio Department of Commerce-Division of Real Estate.
Sikora Law also helps commercial brokerages ensure compliance with the Division of Real Estate regulations and represents them in Division of Real Estate audits, investigations, and inquiries.
Sikora Law helped a large commercial brokerage update its forms, including its property management agreement.
Our firm has drafted forms for many respected commercial real estate brokerages throughout Ohio, including listing agreements, commission agreements, buyer-tenant representation agreements, and many others.
Learn how we can maximize your brokerage’s commission recovery and minimize its liability.