Purchasing a property is likely to be the most significant investment you’ll ever make. You could enlist the aid of a real estate attorney for the negotiation, and you may consider employing a real estate attorney for a smooth legal procedure. Real estate lawyers specialize in issues associated with the property, including transactions and mediation of disputes between parties.
The closing of a real estate transaction is legally significant and, in many states, requires the presence of a real estate lawyer. Even if you live in Florida without such a requirement, you may want to hire a real estate attorney. During the closing, your interests will be defended by a real estate attorney. They’ll go through all of the paperwork ahead of time and find any concerns or omissions they notice.
Perks You Enjoy At Law Offices of Mark T. Stern
- A trusted real estate attorney like Mark T. Stern verifies and/or prepares all of the signed documents at a real estate closing.
- The real estate attorney is there to defend the buyer’s (or seller’s) interests at the closing.
- Real estate law is the domain of both state and local governments that needs trusted attorneys to ensure true peace of mind.
What Does A Real Estate Attorney Do?
Real estate law refers to the purchase and sale of real property, including land and any buildings erected on it. It also encompasses legal concerns involving anything connected to the property or structures, such as appliances and fixtures.
When it comes to real estate purchases or sales, legal professionals specializing in real estate law ensure that proper procedures are followed. They may be concerned about how the property is zoned for usage.
Real estate law envelops:
- Property taxes
- Estate planning
Responsibilities of Real Estate Attorneys
A real estate attorney can help you prepare and review papers related to purchasing agreements, mortgage papers, title documents, and transfer papers.
Handle The Closing
A real estate attorney will almost always be present at the closing with the buyer, whether employed to handle a transaction. When the money is paid, and the title is transferred, it’s known as closing. The attorney ensures that the transfer is valid, binding, and in the client’s best interests.
After the closing, your attorney will handle the recording of the deed and mortgage as well as the payment of any required taxes on the property.
Understand The Purchase Agreement
You’re obligated to purchase the property once you sign the purchase agreement. It’s vital that you understand all aspects of the contract before signing, and a real estate attorney can help you do so.
They can also help you negotiate better terms if needed and ensure that any special requests are included in the agreement.
Create a Real Estate LLC
If you’re buying a business property, an LLC may help you retain ownership of the investment. This can safeguard your assets in case something goes wrong with the property.
When purchasing a commercial property, the real estate attorney may carry out investigations, write title insurance policies, perform title searches on the property, and handle the transfer of money for the transaction.
Obtain A Mortgage
If you’re taking out a mortgage to buy a house, your real estate attorney could go over the loan papers to ensure they are fair and not overly restrictive. They may also assist you in obtaining more favorable terms if necessary.
Ensure That You Meet Zoning Requirements
Your real estate attorney can ensure that your buying property meets all local zoning requirements. This is especially important if you’re planning to use the property for commercial purposes.
Get Help From a Real Estate Attorney
If you’re buying or selling a property, it’s important to have a real estate attorney on your side to protect your interests. They can help you understand the contract, obtain financing, and meet all legal requirements.
When To Hire A Real Estate Attorney?
When it comes to determining whether you need a real estate lawyer, there are a few things to consider. If state law does not require it, you must decide whether or how much of a legal representative you will need. You probably don’t need the help of a real estate attorney if you’re signing up for a simple month-to-month lease or uncomplicated residential property.
It is also important to have an attorney present at the closing. They can make sure that the transfer is valid, binding, and in your best interests. After the closing, your attorney will handle the recording of the deed and mortgage as well as the payment of any required taxes on the property.
You should also consider hiring a real estate attorney if you are taking out a mortgage to buy a house. They can review the loan papers to ensure they are fair and not overly restrictive. They may also assist you in obtaining more favorable terms if necessary.
Should You Hire A Real Estate Attorney?
Real estate transactions are governed by an extensive and ever-changing body of laws, so it’s always a good idea to have a real estate attorney on your side. Real estate attorneys can help you with everything from understanding the contract to ensuring that the property meets all zoning requirements.
If you’re buying or selling a property, contact a real estate attorney today to discuss your legal options.
Need Help From A Real Estate Attorney in Pembroke Pines FL?
If you need assistance from a real estate attorney in Pembroke Pines FL, call The Law Offices of Mark T. Stern today. We offer a free consultation to discuss your legal needs and how we can assist you in resolving your real estate matters. We have over 20 years of expertise dealing with real estate issues in Pembroke Pines and the surrounding areas of South Florida, so you can be certain that your case will be handled appropriately.
Our Real Estate Attorneys are here to help. Contact us to schedule a consultation today.
Mark T. Stern is a trusted real estate attorney in Pembroke Pines FL, who can help you with all aspects of your real estate transaction. Contact him today to schedule a consultation.
Living in Pembroke Pines FL
Pembroke Pines was officially incorporated on January 16, 1960, as the “City of Pembroke Pines.” The city’s population was recorded at 22,646 in the 1970 census. As of 2004, the U.S. Census Bureau estimated that the city had a population of 154,750. The estimate for 2005 was 164,585, making it one of Broward County’s most populous cities.
Pembroke Pines is located in Broward County in southern Florida. It’s about 30 minutes from Fort Lauderdale and an hour from Miami. The Pembroke Pines community is friendly and welcoming. You can expect a great quality of life here, with plenty to do and see. Pembroke Pines is home to several parks, including Brian Piccolo Park, which offers a variety of activities for residents. There are also several golf courses in the area, as well as a variety of shopping and dining options. The cost of living in Pembroke Pines is relatively affordable, making it a great place to live for families. Pembroke Pines is sure to have something perfect for you.