A real estate attorney is a licensed attorney who focuses on matters pertaining to the purchase, sale, or dispute over real estate.
When buying or selling property, you may question whether hiring legal representation is necessary. In certain states, you could be required to. Nonetheless, having a lawyer on your side is beneficial regardless of whether or not you feel compelled to do so voluntarily.
Consider the following ways in which a real property law firm lawyer might aid you in the purchase or sale of property:
Purchasing A Property—How Can A Real Estate Attorney Help Me?
The following are some of the ways in which a real estate lawyer may assist you during the home-buying process, as outlined by a real property law firm in NYC:
- They’ll perform exhaustive research on the property’s titleand permits
- They’ll prove useful when negotiating contracts
- They’ll review the agreement to ensure it is fair to both parties
- They’ll help you spot any threats you may have missed
- If the house you wish to buy has a mortgage, they’ll check the deeds to ensure you don’t end up with a double mortgage
- They’ll submit the necessary paperwork to the court to finalize the sale
- They’ll prepare the mortgage documents in conjunction with the financial institution
- They’ll mediate the situation if things go south between you and the broker
- They’ll submit a consent or satisfaction report to the court to get possession
Selling A Property—How Can A Real Estate Attorney Help Me?
Furthermore, sellers might benefit from hiring a real estate attorney. As a seller, you can benefit from a real estate attorney in the following ways:
· Proficient in Dealing with Legal Matters
It can be difficult to understand and comply with all of the regulations that pertain to real estate. Having a real estate attorney on your side means you’ll have someone who knows the ins and outs of the law and can help you through any problems or issues that arise.
· Understands What Paperwork Is Necessary
All legal proceedings require extensive paperwork. In addition to being able to address any issues you may have, the attorney will be well-versed in all the necessary documentation, including but not limited to:
- Purchase agreements
- Tax filings
- Mortgage documents
- Transfer documents
If you’re looking for a reputable Real Property Law firm Brooklyn, go no further than Ledwidge & Associates, P.C. Our lawyers are well-versed in all matters regarding real estate and can assist you whether you’re buying or selling a property.
If you’re also seeking estate planning NYC, we can help with that too. Contact us for more information.
Ledwidge & Associates
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