A real estate attorney is a crucial professional to have on your side when it comes to buying or selling property. They specialize in property law and play a vital role in ensuring the legality and protection of all parties involved in a transaction. But what do they actually do? Here are some of the key responsibilities of a real estate attorney:
Document Drafting & Review
Real estate attorneys handle the drafting, review, and negotiation of legal documents such as purchase agreements, deeds, titles, and contracts. Their goal is to safeguard their clients' interests by identifying potential risks, ambiguities, or hidden clauses.
Title Search & Insurance
Real estate attorneys conduct thorough title searches to ensure the property's ownership history is clear of liens, encumbrances, or legal disputes. They may also help obtain title insurance for protection against future issues.
Due Diligence
Attorneys carefully examine all aspects of a property, including zoning regulations, land use restrictions, and environmental assessments. This process helps clients make informed decisions and avoid costly complications.
Negotiation & Dispute Resolution
Real estate attorneys represent their clients during negotiations, aiming to secure favorable terms and protect their interests. In the event of a dispute, they provide guidance, mediate conflicts, or handle litigation if necessary.
Closing Procedures
Attorneys ensure that all legal requirements are met during the closing stage of a transaction. They coordinate with other professionals involved, oversee the transfer of funds and property rights, and ensure proper execution and recording of documentation.
Engaging a real estate attorney is a wise decision when navigating property transactions. Their expertise helps mitigate risks, provide legal guidance, and protect your interests throughout the process. Whether it's document preparation, dispute resolution, or overseeing closing procedures, a real estate attorney serves as an invaluable asset, offering peace of mind and facilitating smooth transactions in the real estate industry.
About the Author
Hannah Sosinski
I started my career in the real estate industry at the age of sixteen and instantly fell in love.
I worked alongside one of the top producing agents in the country as their administrative assistant for nearly nine years before I took the leap to begin my own journey in the real estate industry.
Working alongside an agent who sells over three hundred houses a year educated me strongly on the Pittsburgh and greater Pittsburgh housing market. While working alongside this agent, I was lucky enough to be involved in several different types of real estate transactions and learned to properly determine home values, many aspects of negotiations and have learned how to close challenging deals while also handling a large amount of deals at the same time.
I have also spent the past seven years working as a property manager throughout Allegheny, Washington and Fayette County. I have managed everything from Section 8 to Luxury units.
Exploring the options of the real estate industry can be overwhelming. While working with me you’re able to sit back and relax as I have worked with many investors, home sellers and buyers and can help guide through the sale or purchase of your home and make it as easy on you as possible.
Whether you’re a first time home owner, downsizing, sizing up, looking to make your first/second or third investment, selling your home, etc. I can use my years of education to help guide you through the purchase or sale of the largest investment of your life.
I look forward to chatting about real estate with you!