James Vani - Why You Need a Real Estate Attorney and How to Find One
Purchasing a home may look easy enough. However, complexities and issues can arise in any real estate negotiation and whether you are the buyer or the seller, you can greatly benefit from the service of a real estate attorney.
If you are selling your house, it is typically that you will sign a contract with a brokerage to help you sell your property. Most brokerage will let you sign a “standard form” and most of the time, the terms are not equally beneficial to the seller as it is to the brokerage. Lawyers will help you come up with a reasonable negotiation with the brokerage and help you avoid unscrupulous brokers and unfair deals. Without a lawyer, a seemingly simple deal can have multiple problems in the future.
The most important document in any sale is the contract. It contains the terms of the agreement between the seller and the buyer. All the important details of the sale are written in detail in the contract such as the date of the sale, the total amount of the sale, and the down payment. Other than that, it also includes other terms and agreements such as in cases when engineers find termites in the property, or in cases when one party dies before the title is transferred, and other situations. Such concerns need to be addressed by a lawyer.
If you are looking for a lawyer to help you in buying or selling your home, one of the best ways of finding one is to ask for referrals from your friends, family, or coworkers. It is important to note that not all real estate lawyers are alike and it is important to know an attorney’s specialty before deciding. Real estate lawyers practice and specialize in a number of subcategories including residential, commercial, agricultural, industrial, or landlord-tenants. There are also lawyers who specialize in areas of construction law and environmental law. Therefore, it is important to get a lawyer with the expertise that is required in your particular case.
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