The Benefits of Hiring a Real Estate Attorney
While buying and selling property is a thrilling endeavor it can also be confusing since the process is ripe with legal terminology and intricate laws. If you regularly invest in real estate, you may have significant experience in that field. Many others however have no experience in buying or selling commercial real estate or handling lease agreements. Even when familiar with real estate, the benefits of hiring a real estate attorney almost always outweigh the costs.
If you are unfamiliar with what real estate attorneys do, you may not realize all the benefits. Here’s a look at a few of the reasons you should consider hiring a real estate attorney.
Mitigating Your Exposure to Risk
All contracts come with some level of risk, but with an attorney representing you, you can reduce, or even eliminate, some of these risks. If you are purchasing a rental property, an attorney can help you negotiate a long-term lease and handle all the legal documents. Additionally, an experienced real estate attorney will make certain that title to the property you are buying is clear, unencumbered and that all legal documents are completed and submitted on time.
Even if you have a negotiated deal, you should not enter into a Florida real estate contract without letting an attorney review the terms. Don’t assume that a deal is a perfect one without an attorney confirming the terms. If you are worried about the cost of legal fees, you need to consider the alternative, whereas If you enter into an unfavorable contract, it could cost you far more down the line.
Real Estate Attorneys Knows the Law
Real estate is more than just buying, selling, and leasing property. One benefit of hiring an attorney is you get to tap into their legal knowledge, just by having someone who understands commercial real estate, local zoning ordinances, contract law, and more. If you run into any problems with the title or eminent domain, a skilled attorney can help.
Price Negotiation
Whether you are purchasing or selling commercial real estate, an attorney can help negotiate the best price. Buying or selling residential real estate can be tricky enough, but commercial real estate can be even more complicated. You want an objective party looking out for your best interests. An attorney can also help you keep your emotions out of the negotiation process, which will reduce the risks of possible disputes and keep you from losing the deal you want.
Avoid Missing Deadlines
Missing legal deadlines is almost always costly. With handling transactions on your own, there’s a greater likelihood of something going awry. Do not risk a crucial real estate deal because of a missed deadline. Your Lubliner Law attorney will stay on top of things and make sure everything is filed timely.
Contact a local Real Estate Attorney
Having the right real estate attorney is important, so don’t assume hiring a commercial real estate attorney is out of your budget, especially if you’ve made it this far in your search. Who knows, you may run into problems down the line and require legal assistance anyway. It’s better off retaining an attorney from the start as it can save you money and give you peace of mind. At Lubliner Law we pride ourselves on being able to help our clients understand the process. At closing, we explain the nature, amount, and fairness of closing costs. We can assure our clients that the closing documents are appropriately executed and explained to the various parties. Be ready for any last-minute disputes such as delivering possession, personal property, or adjusting various costs like fuel and taxes. Don’t be the only one at the table who is unrepresented. You need a lawyer in your corner, fighting for your rights.
We are experienced advocates that vigorously represent the rights of our clients. Call Lubliner Law (561) 207-2018 for a free consultation, or email info@lubliner-law.com – We’re Here to Help.
Fast-track the Process
Lubliner Law has the kind of advanced technology that enables us to fast-track the settlement process with new data insolvency software. Everything is in one place —accessible to the team, no more wasting time hunting down documents. Entire settlement process can be completed in weeks, rather than months – saving you time and money!