A real estate transaction lawyer can help resolving complexities.

Whether you’re purchasing or selling real estate, there are numerous legal issues that may affect your rights in that property. Are there title issues that must be resolved before the transaction? Legal guidance from a real estate transaction attorney may be required when there are complicated issues involving title to the property.

Should you require the seller to obtain a survey to ensure the boundary lines of the property you are purchasing are as you believe they are? Oftentimes property is sold without a survey, and sometimes they are not necessary. But you should be aware of the risks involved before you purchase.

Protect your interests when unexpected issues arise.

Are there environmental issues with the property that may result in you incurring potential liability once they are discovered? There are procedures to be followed in order to discover and resolve those issues prior to closing. This is where a good real estate transaction lawyer can add significant value.

What if there are defects in the property that were unknown at the time of sale? What are the rights of the seller when the buyer uses these alleged defects to try and “renegotiate” the purchase price? Again, you should carefully consider any contingencies added to a purchase offer to protect your rights as seller.

Ensure due diligence is managed properly.

Property sellers, whether that property is commercial, residential, or undeveloped, are eager to close the sale and receive the proceeds. But what rights are granted to the purchaser that could delay the closing and tie up the property at the buyer’s discretion? Some contingencies in purchase agreements may grant the buyer an opportunity to tie up the property unnecessarily while navigating the due diligence period.

Mr. Meyer is an experienced real estate transaction attorney. He has handled both residential and commercial property real estate transactions – for both sellers and buyers – and can assist you in navigating these issues to smoothly complete the real estate transaction at issue.