Whether you're buying or selling a home, a real estate lawyer is often essential to a smooth and stress-free transaction. The roles these professionals play are varied, but each one ensures all laws and legalities are followed, and that you, as a client, are legally protected.
Below, some of the duties of a real estate lawyer are explained in detail.
If You Are the Buyer
For those purchasing a home, a real estate attorney will help you understand the homebuying process and shoulder some of the stress that comes with such a large financial investment. In addition to gathering and filing all the necessary legal paperwork, your attorney will:
- Review all contracts and deeds
- Make certain no easements, liens, or other barriers will prevent you from enjoying your new home
- Explain your mortgage obligations and work with your lender to adjust the terms as needed
- Set up title insurance protection as an added safeguard on your investment
- Attend the closing and look over the final documents before you sign
If You Are the Seller
Selling your home is a major step, and you're likely anxious to get all the details settled so you can move forward with the next chapter in your life. A real estate lawyer will work with you by going over the purchase and sale agreements and, if necessary, negotiating with other parties. Your attorney will also:
- Create the deed to the property
- Manage and resolve any title issues
- Set up the safe and efficient transfer of the security deposit
- Obtain insurance records as needed
- Attend the closing and look over the final documents before you sign
The real estate lawyers of Lane, Felix & Raisbeck Co. LPA have been serving the Cincinnati, Ohio, area for more than three decades. Call (513) 922-7700 or visit their website to schedule a consultation. By making an appointment, you can enjoy the peace of mind that comes with hiring an experienced real estate lawyer.