Many homeowners ask themselves, what kind of situation will require a real estate attorney. Well, there are many situations where one would need to hire a real estate attorney, especially when you buy a new home.
Most homes are an individual, couple or business can buy will often have a long list of legal and financial requirements that need to be performed or approved before the transaction is completed. These can include documents, schedules, closing dates, liens, mortgages and inspection specifications. If you need a 1031 exchange attorney then, you can also look for maitlandlaw to get the best real estate solutions.
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What Situations Would Require A Real Estate Lawyer?
Before you ask what situations would require a real estate lawyer and why to hire an attorney, you first need to know the problems that might arise when it comes to acquiring land or a home.
Another reason would be a deliberate type of deception by the seller when they do not disclose all of the potential problems the home may have.
Your attorney will be people who will check the transaction, the terms of contracts and other legal issues such as titling and terms of payment. Some properties may have unresolved payments while others may be on land owned by the government.
If you encounter such situations then you will definitely need the help of an attorney. Again, your lawyer will be handling the process from start to finish so you do not have to worry about anything.
It might be because the property was sold twice or it was not even theirs to sell, to begin with. If such scenarios happen then you need an attorney in order to protect your rights. Your lawyer will be the one to handle the title and proper claim.