Real Estate Attorney
Real estate attorneys are home lawyers who specialize in real estate transactions. Real estate attorneys represent homeowners, home buyers, home sellers and land owners in a variety of transactions and disagreements involving residential property including home purchases, foreclosures, neighbor disputes, title searches, zoning compliance, land use and much more.
How a Real Estate attorney can help
Whether you are a first time home buyer or need to sell your home. A real estate attorney will evaluate the details of your transactions, explain rights and obligations as a buyer or seller, prepare and review necessary documents, and if necessary will consult with experts to inspect the property and resolve outstanding title issues. The attorney will be on your side to represent your best interest and address concerns at every step of the way, to ensure that your rights are fully assessed and protected.
If you are a home owner involved in a property dispute such as a challenge of zoning regulation, boundary dispute, regardless of which side you are on (as “plaintiff”) or (“defendant”) the real estate attorney can take action on your behalf, by reviewing documents, researching the laws, interviewing witnesses, collecting records and planning a legal strategy with the goal of strengthening your position to obtain the best results for you.
Lawyers facilitate the transaction between specific plots of land. In order to transfer the property and title, a deed with a property description of land must be executed and delivered. This is where you need an attorney. The federal and state government governs transactions by having passed statues and common laws to regulate how title passes from owner to owner. A lawyer can help you with the day to day specifics of ownership transactions and other aspects and concerns you may have.
What can happen without a lawyer?
Having an attorney represent your interest isn’t a legal requirement. But with an attorney you decrease your chances of being sued by an opposing party for failure to disclose certain information. An attorneys job is to review the home inspection and make certain that all relevant facts about the property such judgments and defects are made known to the other party. If certain information such as clearing the title or failure to disclose certain defects are omitted the other party may sue.
The most important reason why you need a real estate attorney
Conceivably the most important reason to be represented by an attorney is disagreeing interests of the parties. During the process, the buyer's and seller's interests can be in opposition with each other, and even with those of professionals involved in the sale. The broker generally serves the seller, and the lender is acquired by the buyer. Together they want to see the deal go through, given that that is how they will get paid. Neither can provide legal counsel. The lawyers for the buyer and seller will only serve their own clients' interest.
Having good legal council is good business decision because of the complexities that come with real estate transaction . An experienced and competent real estate attorney can help you protect your transactions adhering to the rules of your state while minimizing the possibility of a potential law suit against you.