There are many benefits associated with working with a real estate attorney during applicable situations, including dealing with rental property or finalizing paperwork for a home purchase. Keep in mind that the vast majority of attorneys specialize in one specific field, and it is always best to work with someone who has specialized knowledge about the topic at hand.
When Would I Need the Services of a Real Estate Attorney?
A lawyer who focuses on real estate can assist you with a wide variety of legal issues. For example, if you are in the process of closing on a house and are uncertain if each clause in your contract is legal, you can consult with a real estate attorney to ensure that everything is legitimate. These attorneys can also help protect buyers and sellers from experiencing problems due to factors such as a history of property liens or purchasing a house in an area that is prone to adverse conditions such as flooding and tornadoes.
What Does a Real Estate Attorney Do?
The role that a real estate attorney plays will vary depending on whether you are a buyer, seller or landlord. However, their basic function is to make sure that contracts are legally sound and to review all paperwork for any potential issues. Additionally, they can work with the bank to assist with the terms of your mortgage, and they will ensure that the property does not have anything registered against it that will impede your usage. If you are a seller, a real estate lawyer will help with title issues, preparing the deed and arranging for the transfer of security deposit funds.
The Importance of a Real Estate Attorney for Landlords
Every landlord should have a real estate attorney available. It is common for issues to arise between landlords and tenants such as the necessity of an eviction. It is also important to retain legal counsel to make sure that you are completely compliant with your local area’s landlord-tenant laws. In fact, failure to obtain solid legal advice could allow an errant tenant to retain possession of your apartment for an extended period of time. Working with a real estate attorney can also be much more convenient than attempting to deal with legal matters on your own because you can rely on them to file the necessary paperwork with the court to move forward with eviction proceedings.
If you have questions related to our real estate services, contact us for a no-obligation consultation at 216-661-9740.