Buying and selling a home or commercial piece of land is one of the most important personal and financial commitments an individual or business may make. That is why it is crucial to know exactly what you buy, in terms of boundaries, title, and the condition of the premises. Real Estate law provides protections for buyers, sellers, land owners, contractors, real estate agents, and builders.
During the transaction, it is important that the sales and purchase documents are well written in order to avoid problems and delays later on. Litigation might arise where the parties to a transaction have a dispute. Real Estate litigation might concern zoning, construction defect, homeowners associations, or boundary disputes.
Many people seek financing through mortgages either to buy real property or to afford improvements on the property. As with any other debt, it is necessary for those interested in mortgages to be aware of the nature and offers of the lending institution. The loan is often secured by a mortgage on the residence or commercial property. Failure to make payments may result in foreclosure.
Understanding the nuances of local real estate law is often difficult. Complex transactions are best handled using the services of a lawyer that specializes in real estate law and has a demonstrated proficiency in this field. Additionally, any concerns regarding the condition or boundaries of the land, title, or mortgage should also be evaluated by a lawyer. Present your case to a real estate lawyer now.
Last Modified: 03-06-2018 02:01 AM PSTLaw Library Disclaimer
We've helped more than 4 million clients find the right lawyer – for free. Present your case online in minutes. LegalMatch matches you to pre-screened lawyers in your city or county based on the specifics of your case. Within 24 hours experienced local lawyers review it and evaluate if you have a solid case. If so, attorneys respond with an offer to represent you that includes a full attorney profile with details on their fee structure, background, and ratings by other LegalMatch users so you can decide if they're the right lawyer for you.