Florida Real Estate Lawyers, Why Use One.
Florida Real Estate Lawyers often perform duties well beyond legal advising.
When purchasing a home, a tract of land or a commercial property. It most likely will be a very significant purchase. Preparing piles of documents for both the purchase and the financing of the property is just a part of it. Then there is the need to make sure it all meets the requirements of the law of real property.
Florida Real Estate Lawyers must explain the contents and make changes and/or additions to the contract per the buyer’s and seller’s needs.
Issues commonly addressed in the purchase agreement:
- Making sure that hazardous waste in not present, or remediating it.
- Making sure the closing takes place as scheduled and what are the consequences it it does not.
- What happens to the down payment if the closing does not take place?
- Who holds the down payment in escrow?
- Are all additions and/or modifications according to the law?
Florida Real Estate Lawyers usually work in coordination with real estate agents and brokers making sure the process flows properly, making sure all parts involved get paid only after the transaction has concluded successfully.
In the event of an unforeseen problem before the closing, the lawyer will modify the paperwork to ensure it all meets the requirements of State Law avoiding possible penalties.
Lawyers must make sure that the terms of the contract are fully understood by all parties.
At the same preserving the rights of the client to get the best possible deal.
Finally, the single most important reason to use Florida real estate lawyers is to resolve differences between the parties involved.
Buyers and sellers are often contentious throughout the process. Usually, real estate agents represent the interests of their clients. Neither of them however, can provide legal advise.
In conclusion Florida Real Estate Lawyers will make sure the process concludes successfully for all parties involved.
