Reasons to hire Real Estate Lawyer


 A real estate attorney is an attorney who deals in real estate matters. This type of attorney interprets and renders advice on laws and regulations that concern real property. It involves housing law, projects related to commercial and residential property development, real estate financing and leasing, real estate Investment Trusts, land sales, title issues and searches, escrow arrangements, property management, rights of way, and lease disputes. Role of such lawyer is to negotiate and draft contracts regarding real estate transactions. He handles lawsuits, court cases and arbitration regarding real estate disputes.

Whether you are buying or selling a property land, a real estate lawyer can shield you from major financial loss. The complexity of real estate law can make transactions confusing for common people, from those purchasing residential property to businesses buying commercial locations. Before you enter into an agreement, consult a Real Estate lawyer fort Lauderdale to make sure your rights are protected. Here is a look at some of the important ways a real estate lawyer can help you.

Protection for Buyers

When you are purchasing a property, if the deal is not a structured one, you could find yourself committed to purchasing a distorted piece of land without any recourse. A Real Estate lawyer fort Lauderdale can make sure your interests are truly protected in the contract. He will ensure that there is a provision to let you out of the deal if the property you are buying fails an inspection. He can also check the contract for hidden clauses that are a typical of most real estate deals. He can assist a buyer by performing major responsibilities of:

  • Reviewing the papers of purchase and related documents
  • Ensuring there are no titles listed against the property
  • Arranging for Title Insurance
  • Ensuring you have a valid closing
  • Ensuring property taxes are paid
  • Scheming the land transfer tax due on title closing
  • Drawing up the mortgage documents
  • Closing the transaction
  • Exchanging legal documents with the seller’s lawyer

Protection for Sellers

Real Estate lawyer fort Lauderdale play a crucial role in the lives of people selling a property. As a seller, you can face momentous liability issues if your sales contract is not drafted rightly. A lawyer will ensure that provisions are in your contract to protect you financially if a buyer finds any major concern with the property after purchase. He will also make sure that you are shielded from buyers backing out of deals at the last minute. He can assist a seller by performing below mentioned duties:

  • Reviewing the sale agreement before you sign
  • Assisting you to negotiate the terms and conditions
  • Preparing the deed to your house
  • Resolving title issues if they occur
  • Closing the transaction
  • Ensuring all legal and financial conditions have been met
  • Exchanging legal documents with the Buyer’s lawyer

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6 December 2022 at 17:08 delete

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