Whether you are interested in residential or commercial properties, there may come a time when you need legal representation. Of course, a real estate attorney will represent you in a land or housing claim; however, the experience of this professional is helpful in more than just property disputes.
Divorce agreements
The end of any marriage arrangement hurts. Sometimes there is no clear answer as to what should happen to any house, land, or commercial property that is registered by both parties. An attorney can help resolve these property claims.
Holding disputes
If you rent, a real estate attorney can determine if the lease is in compliance with the law. These attorneys have studied the rights and duties of both tenants and landlords. With their help, you can better determine whether you have the right to sue for breach of contract. Before signing any paperwork, seeking the advice of a professional can also help you understand all of your responsibilities as a tenant and the general legality of the lease.
Consultants
Often times, attorneys specializing in real estate law work as consultants. While they may not work for single home buyers, they do work with investment groups. These professionals assist in the creation and execution of final contracts. Working with an investment group that uses real estate attorneys will result in a smoother and easier transaction.
Property disputes
One of the main reasons someone would hire a real estate attorney is to help resolve a property dispute. They can help settle a settlement or take the claim to court. During a test, they will use evidence to build an argument that their customer is the owner. Additionally, this attorney can also work as an agent, helping to sell the disputed property. Usually this is done at the request of the courts. The courts then distribute the proceeds from the sale. Often times, the money is redirected to the parties who participated in the initial trial.
Runner
Some real estate attorneys also have broker certifications. Requirements vary from state to state, but generally brokers must demonstrate extensive knowledge of the transaction process as well as market trends. They must be solid negotiators who are up to date on the pricing information in their region. Brokers must also be very familiar with proper contract procedures. Finding a real estate attorney with a brokerage license will help streamline the transaction process and reduce costs.
The services of a real estate attorney are not limited to the courtroom. In fact, seeking advice before finalizing the deal can help avoid problems in the future.