At Aston Bond, we have specialists in both residential and commercial property conveyancing, but do you know the difference?
Commercial properties are intended for business activities, such as offices, retail stores, hotels, warehouses, and industrial facilities. Whereas residential properties are designed for individuals and families to live in. They provide housing accommodations for private use.
Residential properties also prioritize features that cater to comfortable living. They typically offer separate rooms, kitchens, bathrooms, bedrooms, and living areas, aiming to create functional and cozy living spaces for occupants.
While commercial properties are designed to meet the specific needs of businesses and often feature larger floor plans, open spaces, and specialized infrastructure. They may include amenities like loading docks, elevators, parking lots, and commercial-grade utilities.
Commercial properties are also subject to specific regulations and codes related to business operations, safety, accessibility, fire protection, zoning restrictions, and commercial leasing agreements while residential properties are governed by regulations focused on housing standards, building codes, health and safety requirements, tenant rights, and rental agreements.
It’s important to note that there can be variations and overlaps between commercial and residential properties based on specific local regulations. That’s when we step in. Our team of expert solicitors can guide you swiftly through any conveyancing process with ease.
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