The typical acquisition is a fairly short process, where normally the parties involved walk away after closing. But sometimes the effects of an acquisition stay longer and linger on the buyer. After a deal has been made, the buyer owns the property and has to live with its flaws, while the seller can have some exposure to liability for non-disclosure, environmental contamination, etc. Satisfying the parties’ reasonable expectations in these areas is a major part of the negotiation that purchase agreements include. During the past couple of years, the general outlook on real estate acquisitions has shifted from a traditional point of view. Due to that, more and more often, we see potential buyers seeking guidance from real estate experts. Adam Hochfelder currently serves as the Consultant of Real Estate Acquisitions & Development at Merchants Hospitality, but prior to that, he was one of America’s most famous real estate executives. Now he uses his industry knowledge and experie