If you have been advised to speak to a real estate lawyer, you might have wondered what that type of lawyer could do for you. Read on to find out the many roles a real estate lawyer can play when it comes to property issues and more.
What Is a Real Estate Lawyer?
A real estate lawyer is a legal professional who specializes in real estate law, which involves the buying, selling, leasing, and financing of properties. They are trained and experienced in those areas, and they may also have real estate licenses. If you are buying or selling a home, you undoubtedly need their help.
What Can a Real Estate Lawyer Do for You?
Here are some of the specific tasks that a real estate lawyer may handle:
Property Transactions
A real estate lawyer can assist with the purchase or sale of a property, including drafting and reviewing contracts, negotiating terms, and overseeing the closing process. Real estate contracts can be difficult to understand but they may also involve more money than you've ever encountered. You need to have the contract broken down into terms you can understand before you agree to things.
Title Searches
A real estate lawyer can conduct a title search to ensure that the property has a clear title and there are no liens or other legal issues that could affect the transaction. Without a title search, you could buy a property that is already owned by someone else.
Lease Agreements
A real estate lawyer can draft or review lease agreements for both commercial and residential properties, including negotiating terms and resolving disputes. Some landlords create their own agreements, and they contain illegal provisions. Still, others may produce lease agreements printed from the internet that contain provisions that don't apply to you.
Zoning and Land Use
A real estate lawyer can advise clients on local zoning and land use regulations and help obtain permits or variances if needed. It's important to understand how a neighbor's property can affect your property as well.
Financing
A real estate lawyer can assist with the financing of a property, including negotiating terms with lenders and preparing necessary legal documents.
Litigation
If there is a dispute or legal issue involving real estate, a real estate lawyer can represent clients in court and help resolve the issue.
A real estate lawyer can provide valuable legal guidance and support throughout the entire real estate transaction process, helping clients avoid costly mistakes and ensuring that their interests are protected. To learn more, contact a local real estate lawyer.
Share3 April 2023
