Share:

Even relatively straightforward real estate transactions can be extremely complex, involving enormous sums of money and several parties with legal rights and obligations. While you may not need an attorney for every purchase or sale, having a professional protect your interests can prevent costly legal conflicts and quickly resolve difficult situations. Below are a few occasions that may call for a real estate lawyer.

How to Determine When To Hire a Real Estate Lawyer

Your State Requires an Attorney

attorneyMany states, including Virginia, require the closing to be conducted by an attorney or licensed professional. However, keep in mind that the closing attorney is there to ensure the process is completed correctly and won’t necessarily be looking out for your interests. To ensure that the contract accurately reflects the final terms you’ve negotiated and protect you from potential risks, buyers and sellers alike should consult their own legal help.

You’re Involved in a Commercial Sale

Buying or selling commercial property involves a variety of factors you don’t have to worry about in a residential transaction. In addition to the value and condition of the property itself, you’ll also have to consider local zoning laws, environmental regulations, and the rights of nearby property owners. To protect your investments and reduce the risk of costly litigation, anyone interested in commercial real estate should hire an attorney before making an offer on a property.

A Legal Dispute Develops

Even the most routine real estate transactions can result in litigation, especially if the seller failed to disclose structural problems or a neighboring landowner is encroaching across boundary lines. As soon as a contract dispute or condition of the property arises, you should speak with an attorney as soon as possible. Along with explaining your rights in this situation, they’ll also be able to negotiate with the other party and protect your interests in court, if necessary.


 

As one of Shenandoah Valley’s oldest and most respected law firms, PoindexterHill, P.C. has been serving clients throughout the area since 1976. Their highly trained real estate attorneys have the legal understanding and experience to help you navigate the complexities of the process, whether you’re selling a house or buying an office complex. Visit their website for more information on their real estate services, or call (540) 943-1118 to speak with an attorney and schedule a consultation.

tracking