Key Benefits of Hiring a Real Estate Attorney

There are some situations where hiring an attorney becomes a prerequisite: a battle over child custody, a contentious divorce, or a criminal arrest. When it comes to purchasing a house or other real estate property, not everyone is convinced to hire an attorney.

They think that some homework and friend’s advice will be sufficient for a successful transaction. The truth is hiring a real estate attorney can make the entire process much smoother because they are well versed with the laws and are familiar with potential roadblocks.

Here are five key benefits of hiring a real estate attorney for your real estate transaction.

Professional Contract Review

Real estate purchase contracts are embedded with legal jargons which are difficult to understand for a layman. Another thing, you may feel pressurized by a seller to sign on the contract without understanding it properly. A real estate attorney will make sure that you understand all the legal terms properly.

Addressing Complex Contracts

When you are purchasing real estate from entities such as trusts, partnerships or corporations both the negotiations and contracts are going to be complex. A real estate attorney from Nordic Consulting Canary Islands can help you in this kind of transactions and ensure that the contract is legally valid while respecting the charter agreements.

Addressing Liens and Title Search

After the signing of the purchase contract, a title search is required to tell you and the institution that issues your mortgage that the seller has all the legal right to sell the property to you. In other words, there are no encumbrances such as liens or judgments that will hinder the transaction. 

  

Proper Closing

There are many steps included in the closing of a real estate purchase. Some of them are preparation of closing papers such as the deed, title to the property passes from the seller to you, and many others.

If you are looking for an experienced real estate attorney, you can consider Nordic Consulting Ali Farhoud. His team of lawyers is experienced and knowledgeable, and they will take care of all your legal requirements pertaining to real estate.