Transferring the ownership of a property is often a complicated process with many legal implications that must be worked out. Regardless of if you’re buying or selling, it’s generally in your best interests to work with a real estate attorney to make sure your rights are protected. While a real estate agent can help you fill out paperwork and negotiate price, they aren’t qualified to provide legal advice or represent you in legal proceedings. A lawyer helps make transactions go as smoothly as possible and knows what actions to take to resolve any conflicts that might arise. Here are a few situations that commonly require the services of a real estate attorney.
3 Reasons to Consider Hiring a Real Estate Attorney
1. You’re Purchasing a Property With Complex Issues
If you’re considering purchasing a property that is unique or complex in any way, you will need a real estate attorney to help you navigate the transaction. This might include properties with easements, oil and gas rights, or land use regulations. These types of properties are frequently subject to state and federal regulations, so it’s best to have an attorney assist you with acquiring proper documentation for compliance.
2. You Are Involved in a Legal Dispute
Unfortunately, there are several scenarios in which a legal dispute can come up during or after a real estate deal. You might have a case that needs to be litigated due to misrepresentations by a seller, hidden liens, zoning conflicts, or a breach of contract. Any of these situations can turn out to be quite costly for you if you don’t have sufficient representation to put together and present a strong argument on your behalf.
3. You’re Making a Commercial Real Estate Transaction
Commercial real estate transactions can be especially challenging. There are a number of details that must be discussed and worked out before the deal can close. It’s essential to have a real estate attorney thoroughly go over the terms of the contract to make sure it’s in your favor and your business’s interests will be protected.
Working with a real estate attorney will give you peace of mind about following through with a transaction and provide you with an advocate who will step in on your behalf should you encounter any legal problems. An experienced attorney from Schnurr Law Firm, P.C. in Fort Dodge, IA, can prevent you from getting entangled in a real estate deal you’ll come to regret. Contact them at (515) 576-3911 or visit their website for more information on their real estate law services.