Real Estate Transactions

Why You Need a Real Estate Lawyer

 

Although using the services of a lawyer can add to the cost of a real estate transaction, it is often money well spent. The legal consequences from mistakes or omissions during the real estate purchase process can cause you to spend far more time and money to correct the errors. Having legal counsel makes good business sense because of the complexities that come with real estate

Sale and Lease Documents

  • Contracts of Sale of Real Property
  • Purchase Option Agreements
  • Rights of First Refusal
  • Land Installment Contracts (a/k/a Contracts for Deed)
  • Escrow Agreements
  • Pre- and Post- Closing Occupancy Agreements

Deeds and Other Instruments

  • General Warranty Deeds
  • Quit Claim Deeds
  • Special Warranty Deeds
  • Powers of Attorney
  • Trustee’s Deeds
  • Personal Representative’s Deeds
  • Sheriff’s Deeds
  • Documentary Stamp Tax Affidavits

Loan Documents

  • Promissory Notes
  • Mortgages
  • Guaranty Agreements
  • Security Agreements
  • Financing Statements
  • Buy-Sell Agreements
  • Assignments of Rents and Leases
  • Estoppel Certificates
  • Releases
  • Assignments
  • Subordination Agreements
  • Mortgage Tax Affidavits
  • Loan Modification Agreements

Miscellaneous Real Estate Documents

  • Easements
  • Restrictive Covenants Affecting Real Property
  • Escrow Agreements
  • Contracts for Management of Real Property
  • FIRPTA Affidavits
  • Party Wall Agreements

Homeowner’s Association and Condominiums and Cooperatives Documents

  • Homeowner’s Association Liens

Commercial Real Estate Transactions from Contract to Closing and Beyond

Commercial real estate transactions include a unique set of legal issues and risks. The process of negotiating a purchase contract can be daunting and very complex. There is much more to consider than just the purchase price. Who will bear the risk of delivering a title free from encroachments? In what circumstances can you cancel the contract without forfeiting your earnest money deposit? What about structural problems that surface after closing?

For Sale By Owner (FSBO) Transactions

Residential real estate transactions can include their own set of issues and risks, especially if you are buying or selling a home for sale by owner (FSBO). In a FSBO situation, the Seller does not have a real estate agent guiding them through the real estate transaction and ensuring the Buyer stays on schedule with the contract deadlines. A residential purchase contract will typically include numerous deadlines for inspections, appraisals, curing title defects, repairs, closing, and more. Without the help of an experienced real estate attorney, mistakes are likely to be made. Let us handle your FSBO transaction from start to finish or we can simply provide you with information regarding those areas for which you are seeking help.