Buying real estate is a major life decision
And for many people, it is the largest investment they will ever make. It is in the best interest of every party that the deal goes as planned, and consulting a real estate attorney can have a huge impact on the closing of a home or commercial property. Though not required by law in some states, such as Florida, the benefits of having a real estate attorney in your corner will not only help you navigate the complex processes involved, but also safeguard your interests, expedite the process, and streamline contract negotiations, the closing process, securing title insurance, and communicating with lenders.
Hiring an attorney is much more than having someone to read the fine print, it is having a zealous advocate working to protect you and your interest in the complex and ever-changing world of real estate. In this article we will explore some of the main benefits of working with real estate attorneys when buying or selling a property and also some of the top services offered by real estate law firms to aid you during the transaction.
Many clients opt out of hiring a real estate attorney because of price concerns. It is no question that contracting a real estate law firm requires an investment, but any upfront fee will be nothing in comparison to the financial impact mistakes could have down the line. Experienced professionals will be with you every step of the way, reviewing legal documentation, handling negotiations, and asking the hard questions. This can help avoid real estate litigation in the future. The financial savings and knowledge a real estate attorney can provide are limitless. If an attorney catches a potential issue with the contract, they can save you a substantial amount of time and money.
Iron Out Contract Details
Written contracts between buyers and sellers are complex and dozens of pages long, filled with legal language and jargon that can be difficult to understand to someone with no legal experience in the real estate realm. By signing a contract without its full understanding, clients can be putting themselves in potential risk. A closing attorney carefully reviews contract details and other relevant documentation to ensure everything is up to par and in the clients best interest. Additionally, the attorney works with the other parties involved to make any agreed upon changes and ensures the document is looking out for both the buyer and seller's best interest.
Streamline and Simplify Communication
The world of real estate is complex, involving several moving parts that need to be aligned in order for a successful deal to come through. Depending on the transaction, a closing on a real estate property can involve: a real estate agent or broker, attorney, title closer, seller, buyer, among others. Additionally, lenders, escrow companies need to be communicated with as well. A real estate attorney can help facilitate a smooth transaction by communicating with every party and ensuring everything is aligned and on time.
It is the real estate attorney’s job to look out for the client’s interests and goals and avoid any potential real estate litigation. The professionals at The Saade Law Firm will represent and negotiate on the client’s behalf during the real estate purchasing process. A lawyer can successfully walk you through the complications of the transactions and protect you from any problem or issue that you might not be able to predict. With legal counsel, you can have peace of mind.
The attorneys at The Saade Law Firm, P.A. have vast legal and practical business experience in the real estate world and offer a complete suite of services to clients. Please read on to discover the services offered by The Saade Law Firm when it comes to type of real estate law cases.
Breach of Contract
A breach of contract occurs when one party in the contract fails to meet one or more of the material terms outlined in said contract. This includes missing deadlines on agreed upon payments, and failure to follow the terms of the contract. The experts at Saade Law help clients determine the viability of your case or a case brought against you by evaluating the contract at hand under law.
An easement refers to the legal right a business or individual has to use another person’s property for a specific stipulated purpose and with detailed restrictions. That being said, the property owner retains ownership of said property subject to the easement and control of the property. Professionals at Saade Law can assist clients with Access and Utility easements. It is key that a person or business who is granted an easement to know if the subject property is leased or rented to a third party, as this may impact their rights and provoke future litigation.
This occurs when a code enforcement officer finds that the bare standards of a property fail to meet the requirements. The standards are based on health and safety, sanitation, and sustainability and include: misplaced fire alarms and signage, electrical malfunctions, and immoderate trash or debris on the property.
Quiet Title Actions
These types of actions do not provide financial rewards or cover property damages to the individual filing the lawsuit. This claim will define and provide a property title to the owner of the land. Saade Law has experienced landlord-tenant attorneys that can help determine the viability of the case.
Interested in working with Saade Law? Contact us today and our team of professionals will be happy to support you in all your real estate needs.