What is a Real Estate Attorney?
There are two types of real estate lawyers.
– Residential real estate lawyers can help you buy a home, deal with foreclosures, and resolve landlord/tenant disputes.
– Commercial real estate lawyers deal with construction and development projects, as well as zoning issues. If you don’t own a business, you probably won’t ever have to deal with a commercial real estate lawyer.
Real estate attorneys specialize in the particulars of real estate law. Their job is to preside over proceedings in any way a client requires. An attorney brings experience that takes a level of risk out of real estate transactions and can aid all parties in understanding the associated legalities.
You should consider hiring a real estate attorney if you need help with:
– Creation of documents such as deeds, rental agreements or purchasing contracts
– Proper filing of deeds with local government offices
– Negotiating terms with banks and brokers
– Establishing a business
– Doing a title search to determine if there are any liens or encumbrances associated with a property
– Reviewing a sale before it becomes final to check for potential legal problems
– Mortgage and trust deed foreclosures
Benefits of a Real Estate Attorney
Working with an attorney who knows Texas real estate law makes buying or selling your real estate less overwhelming. In every transaction, having an attorney guarantees that all legal requirements are met. This includes wording on deeds or contracts and any specific regulations regarding rentals that need to be included on leases.
As a seller, hiring an attorney frees you from having to juggle paperwork while trying to clear out your home and show it to prospective buyers. For buyers, obtaining the services of an attorney can make it easier to understand local rules and regulations and recognize any potential problems. Business owners or investors looking to purchase new property may benefit even more from the services of a real estate attorney. Running a business and preparing for a move or expansion is hard enough without trying to understand everything about real estate law.