Why You Need a Real Estate Lawyer

Real estate transactions have a lot of documentation whether buying, selling, leasing or renting. Be it the purchase of a personal home, commercial property, rental or vacation property, is important to protect your interests, know your rights and fully understand obligations of all participants. Important issues to consider are the relationship between landlord and tenant, conveyancing and mortgages, condominium act and other legal real estate issues. Having a professional real estate lawyer can help you to protect your assets through this process. 

In building contracts of new construction or renovation, always know the obligations of all parties that are involved. Tenants as well as landlords signs lease agreements, which are legally enforceable documents, and thus having a professional review the document, interpret and ensure the legality of the lease is important. When tenants become a problem for the landlord, a legal eviction procedure is required. A real estate lawyer that is already knowledgable about the property and lease involved can help make this process more smooth. When the landlord is unfair to the tenant, legal support for the tenant is important. A lawyer can help ensure that the tenants assets and privacy are protected.

Mortgage negotiations, zoning boards, title insurance, arbitration, bank contract reviews and also short sale processes requires guidance and being familiar with particulars of the documents before signing them. A lawyer can help review documents and ensure that you know exactly what the agreement entails. A property owner may be involved in foreclosure: a process that requires determination of ownership. You need to protect all your assets throughout the process to ensure that nothing you legally own can be taken from you. 

Real estate brokers and salesmen needs to have licenses before transacting any business. When signing agreements with them it is important to seek guidance from a real estate property professional. A real estate lawyer can ensure that brokers, salesmen and property professionals are following all legal requirements for sale of property. For brokers it is also important to know the responsibility of all parties to avoid disputes with owners or clients. Commercial property transactions differ from individual property, meaning that past experience with your home is not guarantee to being able to cope with commercial property. Ensure you get legal guidance and support with the property prior to signing any documents. 

Simple issues may have major implications. You need qualified and experienced persons to arrange the lease terms and manage your estate property be it in dissolution, distribution or inheritance. Get the best course of action when dealing with real estate law by giving us a call.