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WHY YOU NEED A LAWYER WHEN CLOSING A LAND TRANSACTION (PART 2)

WHY YOU NEED A LAWYER WHEN CLOSING A LAND TRANSACTION (PART 2)

The role of a Property lawyer in land transactions goes beyond drawing up land documentS. A property lawyer helps clients with residential and commercial real estate legal issues, tenants and neighbors, commercial leasing, and private property ownership. They assist with the transfer of real estate property, including purchase and sale. They help clients to deal with the legal aspect of rental property and defend the rights of owners, landlords, renters, and tenants.

A property lawyer protects the interests of sellers, buyers, and other parties to minimize the risk of financial loss. They are also responsible for negotiating real estate contracts, making the right offer and acceptance for a property, making sure his client gets the right offer for a property or has accepted the right offer for a property. He specializes in land use, mortgage, Deeds, property development, foreclosure, reviews the contract of purchase and sale and educates or advises clients with respect to potential issues that might come up in a contract of purchase or sale. He usually stands as a trustee to his client. This means that one of the many duties of a lawyer is to in good faith make decisions on behalf of his client and to determine what transaction that is most beneficial to such client. He conduct a search of title, obtains copies of all instrument registered on title, reviews these documents and advise the buyers on any potential obstacles, and with the buyers instructions the lawyer goes ahead to remove such obstacle.

A property lawyer is also responsible for preparing transfer documents and filing them at the land title office, registering the transfer of ownership of title and making sure that his client get all the proper and accredited land instrument for a purchased land. He is also responsible to meet with or send or receive necessary documents from the lawyer or representative of other party for review, adjustment and for proper signature. He represents his client(s) in court when there is any dispute as to proof of title and ownership of a particular land. They participate in trials and hearings, file appeals, and draft documents and legal pleadings. They also bargain and negotiate on behalf of clients and help them to reach settlement agreements.

Finally, property Lawyers offer legal advice on property management, protects their client against violations, restrictions and covenants on property. They specializes in real estate disputes and deed problems, help resolve and claim damages for disputes over encroachment, trespass, injuries, and boundaries. Lawyers help clients to make estate transactions and deal with different problems that ordinarily a land buyer wouldn’t know about. Buying and selling property involves the laws of real property. A property lawyer can help you save a lot of money and avoid problems and some basic mistakes that arises when buying or selling a property.



This post first appeared on LAND ISSUES THAT CAN GET YOU INTO BIG TROUBLE PT 2, please read the originial post: here

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WHY YOU NEED A LAWYER WHEN CLOSING A LAND TRANSACTION (PART 2)

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