Purchasing residential real estate is usually one of the largest investments that someone makes in their lifetime. Most people that are interested in buying or selling a home will take the time to select the perfect realtor, but what they do not realize is that a real estate attorney is just as vital to a smooth real estate transaction. That’s because real estate attorneys are experts in property laws and understand how to properly handle disagreements between parties.
An Overview
In many states, a real estate attorney is present when a deal is being closed. Even if it is not required by the state, it is a great idea to have one with you just in case. They will be sure to analyze and review any paperwork prior to the closing and can advise you of any potential issues that may arise. There is value in the peace of mind that having a real estate lawyer present will give both new and seasoned homeowners. When determining whether or not you need an attorney, consider your own knowledge and confidence of the ins and outs of the laws that govern real estate transactions. If they are limited, perhaps it is advantageous to acquire the efforts and knowledge of a real estate attorney. The money spent to hire said lawyer, may save you more money in the long run.
What Real Estate Law Entails
Real estate law includes every purchase and sale of property. This means the transactions of land or space, including any structures on that piece of land. It even encompasses any legal issues that might arise pertaining to anything that may be attached to the structures or property, like fixtures and appliances. A lawyer with real estate expertise will make certain that the proper procedures are followed during the selling or purchasing of properties. They also cover areas such as titles, zoning, deeds, and taxes on property.
Qualifications
In addition to attending law school and passing the state bar exam, real estate attorneys become familiar with this type of practice through training and by taking on prior cases in the field. Warren S. Dank, Esq., P.C. has a proven track record in real estate law and can help protect your real estate transaction. Contact us today to request a free consultation.
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