To be honest, the average person buying a new home usually doesn’t need to hire a Real Estate Lawyer in Davenport. For simple situations like this, a consumer should be able to rely on their real estate agent to handle the details. However, there are many more complex situations which crop up where you should seek the consultation of a qualified firm whose primary focus is on real estate law.
BACKING OUT OF A CONTRACT
While most real estate agents can help you write up a contract to buy a house, what happens if you decide you don’t want the house after all? Some states have laws stipulating a three day grace period when you are able to review the contract before it becomes legally binding. However, most sellers and buyers are not aware of these laws. If you have changed your mind about buying or selling a house or piece of property within a few days of signing the contract, contact a Real Estate Lawyer in Davenport to find out what recourse you have.
Title searches are conducted through attorneys with the purpose of finding out if the property is able to be legally sold. The Real Estate Lawyer in Warrenton is checking to make sure the land is free of encumbrances, for example, liens or judgments. This lets the buyer know for sure the seller is legally able to sell the property. By going through an attorney for this service, a consumer saves money due to the close working relationship between real estate lawyers and title search firms.
REAL ESTATE MANAGEMENT
If you are a first time landlord, it’s important to have a Real Estate Lawyer in Davenport draw up your leases. While yes, you could buy the standard ones at the office supply store, they’re not tailored to your needs. Additionally, should the need arise for you to evict a tenant, you need the advice of a real estate attorney to make sure everything is handled by the book. The tenant must be notified in a timely manner and proper documentation must be submitted. Furthermore, if this is your first eviction, it’s best to have an attorney by your side assisting you with the process, especially if the tenant himself has secured a lawyer.