Real estate attorneys handle various transactions for their clients. Though most real estate transactions take place outside of the courtroom, real estate attorneys may, on occasion, have to go to court to argue for their clients. A real estate attorney in Sanford North Carolina is skilled and experienced in every phase of a real estate transaction, from drawing up the initial paperwork to performing the closing that finalizes the deal. A real estate attorney in Sanford North Carolina may also represent clients if an issue arises with the transaction—such as discovering a purchased home has defects.
When a real estate attorney first becomes involved in the sale or purchase of a property, one of the first steps that is taken is to perform a title search to ensure that the seller of the property has the property authority to sell. If not, the purchaser may run into problems down the road if another individual claims ownership over the property.
Next, the real estate attorney will coordinate the drafting and production of the necessary financial documents from the lender. These documents can become quite voluminous, and they will need to be carefully reviewed to ensure the proper information is included in them. These documents will be provided to the parties at the closing, where they will be signed.
After a real estate closing, the attorney takes the deed to the local register of deeds office for filing. This records the transfer of property with the state.
Should there be additional issues with a transaction, such as a property defect, the real estate attorney may represent the party in court and will argue as to what term of the contract was not properly fulfilled.
Real estate transactions can be tedious and complicated. It is in one’s best interests to have counsel.