5 Reasons You Need a Real Estate Attorney

Posted by Ajay Garg on November 1st, 2022

Real estate law is a complex and ever-changing area of law. Even the most experienced real estate professionals need to consult with an attorney from time to time. Here are five good reasons to have a real estate attorney on your team. 

1. To Review and Negotiate Contracts 

One of the essential roles of a real estate attorney in Parkland is to review and negotiate contracts. This includes purchase agreements, leases, loans, and other documents related to the sale or lease of real estate. An attorney can help you understand the terms of a contract and negotiate changes to the contract on your behalf. 

An experienced real estate attorney can also spot potential problems with a property you may not be aware of. For example, an attorney can tell you if there are any easements or encroachments on the property. Both easements and encroachments can potentially reduce the value of your property. An attorney can help you negotiate with the other party to try to remove the easement or encroachment and ease real estate closings in Parkland. 

2. Address Liens 

Liens are legal claims against a property. Liens can be placed on a property for unpaid taxes, debts owed to contractors, or even child support payments. If you are buying a property with a lien, the lien must be paid off before you can take ownership of the property. 

A real estate attorney in Parkland can help you determine if there are any liens on a property and how to pay them off. They can also help you negotiate with the lien holder to remove the lien from the property. 

3. Mitigate Risks 

Real estate attorney services in Parkland can also help you mitigate risks. For example, if you are buying a property in a flood zone, an attorney can help you understand the risks associated with purchasing the property. They can also help you negotiate with the seller to try to get them to pay for flood insurance or make other concessions. 

An experienced real estate attorney will also be familiar with the local zoning laws and regulations. They can help you understand how these laws may impact your property. For example, if you are buying a property zoned for commercial use, an attorney can help you understand the restrictions on how you can use the property. 

4. Help With Filings 

A lot of paperwork and filings are required before you can buy or sell a property. A real estate attorney can help you with these filings to ensure everything is done correctly. They can also help you file for any permits or variances that may be required. 

5. Experience With Real Estate Closings 

Real estate closings in Parkland can be complicated. There are a lot of documents that need to be signed and a lot of paperwork that needs to be filed. An experienced real estate attorney can help ensure everything is done correctly and on time. They can also help you understand what you are signing and answer any questions that you may have. 

A real estate attorney can be a valuable asset, whether buying or selling property. If you're looking for real estate attorney services in Parkland, contact Expert Title Company for professional advice. Our experienced attorneys can help you with all aspects of your real estate transaction, from contract review and negotiation to addressing liens and mitigating risks.