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Why Hire a Real Estate Lawyer The law does not make it a necessity to involve a real estate lawyer in a real estate transaction whether selling or buying a property. There are standard practices that have been carried out and many agents can help you sail through the process easily. The real estate agents often plays near-legal activities. However, there are times that you may need the services of a real estate lawyer. Lawyers, in this case, will help protect your interest should there arise any dispute. They will as well fast track the deal whether you are the seller or the buyer. You can deal with the real estate agent or still have the real estate lawyer even in transactions that have no disputes. There are situations which calls for the presence of a real estate attorney. A deal that involves unusual terms could be such a case. The attorney, for instance, will help you draft the terms of the transaction if you want to lease a house before you buy it. This is very important especially where the total amount counts in the total purchase price. If you are the seller, in this case, you need legal drafting of these terms especially if the lease amount does not contribute to the final price. This helps to protect your interest in the final deal. It might be necessary to seek the services of a lawyer especially when you are not sure whether the property had other bindings. The house could be having binding such as the liens and covenants. These will inhibit your fee use of the property purchased. The lawyer will do the document search to ensure that no biding documents are existing that can inhibit your ownership. If there are legal issues relating to the property under question, the real estate lawyer will help. This might involve pending court cases filed under the subject. In such a case, the lawyer should advise you accordingly. The attorney will be involved when dealing with existing use issues Such a case is when you buy a house that has a current tenant and whose tenancy period has not expired. In this case, the lawyer will help you deal with the case as it has legal implications with regard to the current tenant vacation.
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The lawyer plays different roles during the sale and purchase of a property. A person who is buying a home will pay more to a real estate attorney than a person who is selling the property.This is because buying requires more involvements than selling. The lawyer will search the document and title of the home under consideration. Some banks may require presence and sign of a lawyer when buying a home get the legal representation when selling the home.What Almost No One Knows About Lawyers