How a New Jersey Real Estate Attorney Can Help With Transactions

Real Estate Attorney Sea Girt, NJ

Like any legal professional, a real estate attorney is someone who will work to represent your interests and protect your rights. Real estate transactions are among the most significant financial decisions you will make. Therefore, having the right lawyer as your advocate is vital. You do not want to choose just anyone to work on your behalf.

Types of transactions in real estate

A real estate attorney is licensed and qualified to advise clients in selling a property. An attorney can help draft legal documents and other paperwork clients need during a transaction closing. These closings will happen with the finalization of any type of transaction. This includes both residential and commercial transactions.

The resale of a home is one of the most common transactions where a person might need an attorney. However, new constructions can also involve a real estate lawyer. Usually, this happens because the timelines can be long and may have additional documentation. Other examples include short sales and investment properties. Sellers of luxury properties may also want to hire an attorney for this transaction.

Reviewing important documentation

In a real estate transaction, the language in closing documents can be complex. The documents can also be lengthy and technical. For an untrained individual, it may be difficult to understand the nature of the content. A real estate attorney can help the client review the materials and explain the meaning. The attorney will also review the paperwork to ensure everything is in order and accurate. Plus, the lawyer will ensure that any contracts are legally binding.

Mediating disputes

Occasionally, disputes may arise between the seller and buyer. This can occur if there is a disagreement over the purchase price or if issues come up over inspections. A real estate attorney often represents the buyers’ interests. The lawyer helps ensure that the transaction is fair and in line with the contracts of the closing. Attorneys can also resolve title transfer disputes or questions over lot lines.

Helps to clear up issues that may hold up the sale

Sometimes, problems may arise in a transaction that delay the sale. A real estate attorney will identify the causes of these issues, including liens and unpaid loans. There may have also been previous litigation regarding or claims against the property. The lawyer will clear these claims and find out whether there are any deed restrictions.

Real estate attorney: filling a key role

In the transaction of property, buyers and sellers can have legal assistance. If you are ready to buy or sell, you can benefit from a real estate lawyer at your side. These professionals have the knowledge and training to oversee the process. Having a lawyer can ensure you overcome any possible roadblocks to the transaction. The lawyer will handle the documentation drafting. It is also important to have a lawyer to settle disputes that may come up during the transaction.

Call us at (732) 449-0449 for more information from Anthony J. Cafaro, P.C. or to schedule a consultation in our office in Sea Girt. NOTE: This is for informational purposes only and does not constitute legal advice.

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