Most people call their real estate agent or broker when questions arise. Consulting with qualified real estate attorneys can help you make sure you've got all of your bases covered whether you’re involved in a sale or purchase. Asking these questions ahead of time can help make your life easier.
1. How long have you been practicing? Before you hire an attorney, determine how much real-life legal experience he or she has. Ask how long they have been practicing in your state, find out where they earned their law degree and whether it is from an accredited school. A list of American Bar Association-approved law schools can be found at the ABA's website. 2. How many cases like mine have you handled? The ever-changing field of real estate law can be complicated, so ask if the attorney has handled transactions similar to yours. Choose someone who has kept up with the changing market and is best prepared to protect your rights. Laws can often differ from one municipality to another so make sure your real estate lawyer is up-to-date on local law. You may also want to ask if they specialize in any particular area of real estate law. If you're looking for help with something simple like a purchase agreement, a contracts lawyer may do, but with something more complex like real estate development, hiring a seasoned real estate lawyer is the best path to take. 3. How will you handle my case? Ask the attorney for a brief overview of what they plan to do on your behalf. It can help you determine which attorneys are knowledgeable about laws in your area. Lawyers who are well-versed in real estate law will give you an outline of the actions that need to be taken, such as the filing of necessary documents. 4. Who else will be working on my case? Law firms often assign the initial work on cases to junior attorneys and paralegals. Experienced business lawyers also commonly work on real estate cases. During your initial consultation, ask who will be doing the most work on your legal matter. Make sure you're at ease with that person before continuing. 5. Do you have any conflicts of interest? Conflicts of interest can arise when using a real estate attorney. For example, you don't want a lawyer who regularly does business with the seller's real estate agent or who works for the builder or developer you’re using to build your home. 6. How will you bill me? Most attorneys work on an hourly basis, but may charge a flat fee for something simpler like drafting a purchase agreement. Thoroughly read the retainer agreement in which the attorneys spell out what services they will provide and at what fee. This will help you avoid any unpleasant surprises at closing. Real estate is usually the single largest asset that most Americans own. Hiring experienced real estate lawyers in Montgomery County, PA can help you avoid costly headaches, protect your investment, and allow you to fully enjoy your home for years to come. #RealEstateLawyers, #RealEstateAttorneys, #RealEstateContracts
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
May 2023
Categories
All
|