Many people have heard the term real estate attorney before, but if you were to ask someone what exactly a real estate attorney does, they may be unsure. A real estate attorney can help you with many different types of real estate transactions. If you are involved in a real estate deal, you may be wondering if an attorney can help you, and more specifically, what types of transitions they typically get involved in. Here are three different types of transactions that most real estate lawyers help with and what specifically an attorney can help with in regards to that type of transaction.
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Purchasing New Real Estate
One of the types of real estate transactions that a real estate lawyer can assist you with is purchasing new real estate. This is the number one type of real estate transaction in which lawyers are called in to exist. A real estate lawyer can help you in many different ways when you are purchasing new real estate, including land, a home or a commercial property. One of the ways that a real estate lawyer can help you when you are looking to purchase new real estate is by conducting searches on the property. They can work to ensure you are buying the property from the legal owner and verify whether there are any liens or other problems with the property that you need to be aware of.
Another way that a lawyer can help you when you are looking to purchase new property is with the purchase documents. A real estate lawyer can help to review the purchase documents, ensuring that the documents are legal and that you know exactly what you are signing before you sign it. A real estate lawyer can also help to prepare the documents and file the documents. All in all, a real estate lawyer will work to ensure that the real estate transaction goes smoothly and that you are not in for any surprises when it comes to the legality of the real estate you are purchasing property of turkey
Selling Existing Real Estate
Another type of real estate transaction that a real estate attorney can assist you with is selling existing real estate. One of the biggest misconceptions out there is that you do not need a lawyer to help you when you are selling an existing property. Many people think that hiring a real estate agent, or a Realtor, is all they need to do when selling their home, land or commercial buildings. However, there are a few reasons why you should work with a real estate attorney, in addition to a real estate agent, when selling property.
A real estate lawyer can help you with many elements involved with the sale of your existing real estate. For starters, an attorney can review your listing document with your preferred real estate agent and ensure that you know exactly what you are agreeing to when you list your home with an agent. A real estate attorney can also answer any questions you may have about disclosure issues and what you are legally required to disclose to potential buyers. A real estate agent can also help to review offers and give you legal advice about any potential offers you may have, as well as help to draft the sale contract. Once the contract is signed, a real estate lawyer can help to handle the title and deed and ensure the funds are properly allocated once the home is closed on.
Settling Real Estate Disputes
The last type of real estate transaction that a real estate lawyer can assist you with is real estate disputes. There are a number of different real estate disputes that you may face as a buyer, seller, owner or tenant. One of the types of disputes that an attorney can help with is tenancy issues. You may have a dispute with tenants as a property owner, or you may have a dispute with the owner as a tenant. A real estate lawyer can help advise you on local laws that are applicable to you, and help you send the proper notices or file papers with the court, as needed.
A real estate lawyer can also help with real estate disputes that involve easement or boundary disputes, quiet title actions, real estate commission disputes and title insurance disputes. Not every real estate attorney will handle every type of real estate dispute, so it is important to find a lawyer who is well-versed in the type of dispute you have to ensure they know how to handle the issue and get it resolved on your behalf.
If you are in need of an attorney for help with a real estate transaction, including purchasing new real estate, selling existing real estate and settling real estate disputes, you need an attorney who has experience with these types of transactions to help you. Here at Dickson Frohlich, our legal team has experience helping with a wide array of real estate transactions. Reach out to us today to discuss your real estate legal needs and what we can do to assist you.
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