Friday, December 21, 2012

Real Estate Lawyer

A lawyer plays an important role in any real estate transaction, especially in a house purchase. Although not required during a real estate transaction, a lawyer can simplify the legal aspects of such transaction.When you purchase a house, you will be required to enter into a legally binding contract with the seller of the property. The contract may affect your rights and impose certain legal obligations on you. This is where the real estate lawyer plays an important role. The real estate lawyer can explain your rights and obligations under the contract. This can help you to avoid problems that could cost you money and time.

The role of a lawyer in such a transaction depends on you. It can be as broad as you want it to be. Generally in a real estate transaction, the lawyer will review and/or prepare your agreement with the property?s agent, your purchase agreement and closing documents. He will also review the abstract of title, insurance, or other evidence of title to make sure that title to the property is clear and can be transferred. He will confirm that there are no covenants, easements, liens, etc. registered against the house. He will prepare and register all the legal documents.

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For More Information Visit: http://www.floridalawattorney.com

Source: http://www.floridalawattorney.com/blog/2012/12/20/real-estate-lawyer/

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