Real estate dealings are complex, involving many financial and legal details that must be handled carefully. As such, whether you’re part of a transaction or dispute, it’s often wise to work with an attorney experienced in this area of law. Here are a few specific situations in which you should seek representation. 

When to Hire a Real Estate Attorney

1. Residential Real Estate Closings

Going through a real estate closing can be an overwhelming experience, as it requires thoughtful preparation, investigation, and negotiation. An attorney specializing in this field will ensure you have all the documents necessary to complete your transaction successfully. 

This professional can even review the purchase agreement to ensure your needs are met, communicate with the mortgage lender, manage title work, and handle the transfer of funds. Their experience allows for a more streamlined process and helps avoid significant delays. 

2. Buying or Selling Commercial Property 

The acquisition or sale of a commercial property includes many factors that don’t exist in a residential real estate transaction. It also typically involves the exchange of much larger amounts of money. Therefore, you want to avoid costly mistakes.

Real estate attorneys are well-versed in the law, which means they can advise on zoning issues, environmental concerns, property liens, and rental agreements. Also, having an established attorney-client relationship gives you access to counsel more quickly should the need for legal help arise. 

3. Breach of Contract 

When buying, selling, or renting property, you must sign a legally binding contract that provides the terms of your agreement. If either party fails to follow the outlined requirements, they could be sued for breach of contract.

Protect yourself from future legal troubles by having a real estate attorney help draft and assess your contracts before signing. If a breach still occurs, they can represent you during litigation. A common reason this happens is a seller’s failure to disclose a property’s damage or defects. 

4. Conflict Over Property Lines

Over time, property lines can become difficult to distinguish. This often leads to conflict between neighbors. When boundaries aren’t clearly defined, issues can arise when building a fence or cutting down trees.

Easements are another common source of contention among owners of adjoining properties. Under these circumstances, an attorney can help determine your legal options. They’ll present a strong argument on your behalf so that you don’t lose your right to valuable property.

In practice since 1963, McGinnis & Leslie, Attorneys at Law, offers extensive knowledge and experience in real estate law. Their team of skilled attorneys will help protect your interests and provide solutions to accomplish your goals as smoothly and efficiently as possible. With locations in Greenup and Ashland, KY, this firm delivers personalized counsel and representation to residents throughout Kentucky, Ohio, and West Virginia. Call (606) 473-7303 to schedule a consultation, or visit them online to learn more about their services.