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Purchasing or selling real estate is one of the largest financial transactions most people will undertake. An attorney can help ensure that the process goes smoothly and that potential legal pitfalls are avoided.

A lawyer’s responsibilities include providing legal advice, drafting documents and ensuring compliance with state and local laws. They also negotiate disputes and provide mediation or litigation support.

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Legal Advice

If you’re buying or selling real estate, the transaction is a significant financial decision that can be very complex. In many situations, a real estate attorney will be necessary to protect your interests and ensure that the closing process goes smoothly.

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Real estate attorneys help clients through the real estate sales process by reviewing and preparing a variety of legal documents. They ensure that each document is accurate and complies with state and federal laws. They also work to resolve any issues that may arise during the closing process.

In addition, an attorney can review and explain contract terms and conditions so that you understand everything you’re signing. This can help you avoid costly errors during the closing process. An attorney can also help you pursue available legal remedies if the seller fails to disclose property defects or breaches a contract.

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Additionally, a lawyer can perform title searches to verify the property’s ownership history and look for any liens or other hindrances that could delay or prevent a sale. They also prepare and execute the deed transfers, ensuring that the legal documents accurately reflect the final terms of the sale. Lastly, they coordinate with escrow agents to facilitate the transfer of funds and the deed.

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Document Preparation

Legal documents are the backbone of many important procedures, containing the information that shapes outcomes and protects rights and interests. As a result, they are complex, legally binding contracts, and should be prepared and filed correctly to ensure that the parties involved comply with local, state, and federal laws. This is especially true when dealing with real estate transactions, which involve a wide range of legal documents including purchase agreements, mortgage documents, and title insurance policies.

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The closing process is the final stage in a real estate transaction, where the buyer pays for and receives ownership of the property. However, before closing can take place, the assigned closer must prepare a host of legal papers for review and signing. From mortgage notes to disclosure forms, the documents can be complicated and must be read closely to understand fully what each entails before they are signed.

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Attorneys can help make the closing process smoother by ensuring that all required paperwork is complete. They can also conduct a title search to identify any issues that could impact the sale, such as unpaid taxes or contractor liens. An early discovery of such issues can help the parties resolve them before closing and avoid costly disputes down the road.

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