The Importance of Hiring a Real Estate Lawyer It is not a legal requirement to involve a lawyer when buying or selling a home. There are standard guidelines that have been followed often and the real estate agents will find it easy to take you through the process. These agents play near-legal roles. There are however times that you might need the services of a real estate lawyer. The lawyer will protect your interest should there be any dispute. They also help to fast track the process whether you are a buyer or a seller. You can deal with the real estate agent or still have the real estate lawyer even in transactions that have no disputes. The services of a real estate attorney may be called for under certain conditions. Such a situation is when the deal involves unusual terms. The attorney, for instance, will help you draft the terms of the transaction if you want to lease a house before you buy it. This can help to guard you especially if the lease amount counts on the total purchase price. If you are the seller, in this case, you need legal drafting of these terms especially if the lease amount does not contribute to the final price. This helps to keep the interest of each party guarded till the final deal is closed. It might be important to seek the legal services especially when you are not sure whether the property has other legal bindings. The house could be having binding such as the liens and covenants. These will inhibit your fee use of the property purchased. The attorney will conduct the document search to ensure that no binding exist that can affect the free use of the home. The real estate lawyer will help if there are legal issues that relate to the use of the property under considerations. This might involve pending court cases filed under the subject. In such a case, the lawyer should advise you accordingly. The lawyer will also be important in solving the existing use issues. Such a case is when you buy a house that has a current tenant and whose tenancy period has not expired. Here, you will need legal expertise since the issue of the tent current vacation is legal in nature.
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The lawyer plays different roles during the sale and purchase of a property. A person who is buying a home will pay more to a real estate attorney than a person who is selling the property.It is basically due to the difference in the number of activities involved in buying and selling. The lawyer conducts the document and title search for the home. Some banks may require presence and sign of a lawyer when buying a home get the legal representation when selling the home.A Brief Rundown of Services