Real estate attorneys are legal professionals who practice real estate law. They have the knowledge and experience to help you navigate through a variety of issues related to buying, selling, or leasing property. As such, it is essential to consider hiring a real estate attorney if you're dealing with any of these five critical issues.
1. Title Searches
A real estate attorney will conduct a thorough title search to make certain there are no outstanding liens against the property being purchased or leased. This is extremely important in order to avoid any legal complications down the line that might arise from unforeseen issues such as unpaid debts, mortgages, etc. The attorney will help you make sure that the title is clean and that there are no prior claims to the property.
2. Drafting and Negotiating Real Estate Contracts
One of the most important functions performed by a real estate attorney is drafting and negotiating contracts related to a property purchase or lease. A good lawyer will be able to advise on how best to structure the deal, as well as provide guidance on what terms should be included in the contract for maximum protection.
3. Negotiating Contracts
Real estate attorneys can also assist in negotiating contracts between buyers, sellers, landlords, and tenants. They are adept at understanding all relevant aspects of a contract and helping you reach an agreement that's beneficial to both parties. Additionally, they can provide insight on terms such as financing options, closing costs, insurance requirements, etc., so that you get the best deal possible.
4. Property Tax Planning
Real estate attorneys understand the complex laws surrounding property taxes and can provide advice to help minimize tax liability. They can explain any local and state regulations regarding real estate taxes, as well as counsel you on ways to maximize deductions and credits that may be available.
5. Zoning Issues
Real estate attorneys are also equipped to help clients understand zoning laws, regulations, and ordinances as they relate to various properties in question. For example, if you're looking to build additional structures on your property but are unsure what local zoning rules would permit, a real estate attorney can help.
Real estate attorneys are a valuable resource when it comes to navigating the complexity of buying, selling, and leasing property. Issues such as contract negotiation, financing and refinancing, title and boundary disputes, and zoning issues can all be addressed by an experienced real estate attorney. As such, if you're involved in any type of real estate transaction or dispute, you should strongly consider hiring a qualified legal professional to assist with your case.
Hello, I'm Phillip Kerr and I just love the legal profession and courtroom drama. Have you ever watched judge shows on TV? I know that these shows are not an accurate representation of the courtroom, but there is something you may have noticed. Some individuals come into the courtroom well-dressed, articulate, respectful and with the knowledge and documents necessary to support a case, while others come unprepared, slovenly dressed and appear as if they do not have a care in the world. How you present yourself and the knowledge that you have of the law will have an impact on how you are treated, even if you have legal representation. This blog is designed to assist those who are going to trial in doing just that.