Firm Overview

We Concentrate on Commercial Real Estate Transactions

Lott & Searcy, LLP is a small firm, but we offer the experience and resources which our clients need and expect. Because we focus on matters relating to commercial real estate, we are able to devote the time and attention necessary to complete complex matters statewide. With the assistance of experienced, dedicated, and professional paralegals, and by employing the latest in technology, we provide our clients a real value–competent and responsive service at a competitive cost. We take time to get to know our clients in order to provide personalized service to each.  We pride ourselves on our no-nonsense, results-oriented commitment and our ability to work with all parties to a transaction in a non-adversarial and cooperative manner.

Our attorneys, combined, have over seventy years of experience working with buyers, sellers, lenders, investors, and developers in all types of legal issues relating to commercial real estate law.

Our Practice Areas

The attorneys and staff of Lott & Searcy, LLP have extensive experience representing commercial buyers, sellers, developers, borrowers, lenders, landlords and tenants in commercial real estate matters. We are available to assist our clients with all aspects of the commercial real estate process, including the following:

Real Estate Acquisition, Development and Sale

From contract negotiation through due diligence and closing, Lott & Searcy has experience representing sellers, purchasers and developers of commercial real property.

We have served as counsel to developers of retail shopping centers for the acquisition, development, leasing and subsequent sale of such centers.

We also have experience representing privately or closely held entities in the acquisition, financing, development, leasing and resale of many types of commercial real estate such as industrial property, shopping centers, hotels, assisted living facilities, and multi-family and residential developments.

Lott & Searcy’s attorneys regularly prepare commercial real estate development-related documents, such as restrictive covenants, easements, management agreements, leases and licenses.

We also are experienced in the creation of entities to hold, develop and operate commercial real estate properties, including corporations, limited liability companies and joint ventures.

Commercial Leasing

We are experienced in the negotiation and documentation of commercial lease transactions, for both landlords and tenants, involving office, retail, restaurant and industrial properties, as well as long-term ground leases.

Loan Transactions

We have experience structuring, negotiating, closing, restructuring and working out loans for borrowers and lenders in commercial real estate transactions.  We frequently act as local South Carolina counsel for borrowers and lenders in multi-state transactions, giving legal opinions and ensuring that loan documents and closing procedures comply with South Carolina laws and customs.

Foreclosures, Collections and Workouts

We have extensive experience in commercial foreclosures, collections, and workout arrangements. Our clients include some of the largest financial institutions in South Carolina, as well as some of the smallest. We also represent lenders from throughout the country in completing foreclosures, workouts, and collection litigation in South Carolina.

We are available to assist our clients with all aspects of the commercial loan collection process, including Forbearance Agreements, Note and Mortgage Modifications, Collection of Unsecured Notes, Appointment of Receivers, Repossession of Personal Property Collateral, and Foreclosure of Mortgaged Real Property.

Title Services

Lott & Searcy, LLP also acts as a title agency.   We issue title insurance commitments and policies for nationally-known title companies, coordinate title examinations and close transactions for local and national clients.  We have a network of reliable title abstractors across the State with whom we contract to provide timely delivery of title work in all counties in South Carolina.

We serve as local counsel for the national commercial services/national business units of major title companies in South Carolina transactions, providing title, closing and disbursement services.  The South Carolina rules regarding the unauthorized practice of law require that several aspects of real estate transactions be supervised by an attorney licensed in the State of South Carolina.   We coordinate simultaneous closings in multiple jurisdictions and serve as local counsel for out-of-state firms to ensure compliance with those rules.

Meet Our Attorneys

Contact Us

ADDRESS

3022 Millwood Avenue

Columbia, SC 29205

PHONE NUMBERS

803-790-2120

FAX

803-790-2128

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