Why Every Home Seller Needs a Real Estate Attorney

For many, the sale of real estate is the largest transaction in their lifetime. While Florida law does not mandate using an attorney to sell a residential dwelling, consulting a real estate attorney significantly impacts the outcome, so it is best not to go it alone. It can save you from the many pitfalls during the process and beyond. Without legal representation, home selling can be fraught with challenges and obstacles. Whether selling a home to upgrade, relocating for a job, or as part of an estate settlement, it is wise to have a legal professional looking out for your best interests.

Legacy Law Associates: Real Estate Success in Daytona Beach

At Legacy Law Associates, we pride ourselves on seamlessly navigating residential real estate transactions. As a full-service law firm, our former and current clients know we prioritize long-term attorney-client relationships and can handle all their legal needs under one roof. We help them achieve their real estate sales goals smoothly and confidently and can do the same for you. With decades of combined legal experience, our real estate attorneys know the intricacies of Florida law and will ensure your transaction is legally sound. We work diligently to ensure that our client’s real estate transactions are handled professionally and expediently. 

Why is the Contract Important?

The contract is the cornerstone of a home and property sale. It outlines the duties and responsibilities of both the buyer and seller, defining the purchase price and payment terms, inspection, appraisal, financing contingencies, remedies for a breach of contract, and more. Once signed, it is legally binding; however, it can be amended to change the terms and conditions if all parties agree and sign an addendum.

Other important information you can expect in a purchase contract is a detailed description of the property, the selling price and down payment, the closing date, and the closing fees. Once signed, you are on your way to selling your property as long as the buyer meets the contingencies in the contract.

Negotiation and Communication

A successful real estate transaction is more than preparing documents. An important role of a seller’s attorney is to negotiate and resolve any disputes during the transaction. As a liaison between the buyer, seller, real estate agents, the opposing lawyer, and other interested parties, a seller’s attorney represents their client’s interests. Issues may arise that do not comply with the terms of the purchase contract, such as the buyer changing the closing date, the lending institution requesting an extension, or the buyer may raise questions about the home inspection, appraisal, or the property’s condition. At Legacy Law Associates, you can count on us for unwavering support in times of dispute.

Title Issues

A buyer can potentially back out of a closing with no penalty when title issues occur, such as liens, encumbrances, boundary disputes, public record errors, or forgeries. A seller’s attorney can identify title defects, work to resolve the issues and negotiate with the buyer so that the deal can move forward to closing.

Deed Preparation

There are many types of deeds used in property transactions. At Legacy Law Associates, we craft deeds that meet your needs and safeguard your interests. A deed is the legal document that allows you to transfer ownership to another. With an eye for detail, the real estate lawyers at Legacy Law Associates ensure the deed is legally binding and complies with Florida law.

Closing the Deal

With all the preparations and negotiations completed, you have finally reached the closing phase. As your closing attorney, we can prepare or review the closing documents and facilitate a meeting where all the parties sign the paperwork to make the sale a reality. We are there to ensure legal compliance and answer any questions that may arise. 

Your Legal Partners in Real Estate Transactions

Without an experienced real estate attorney, the sale of a home can be fraught with unnecessary delays, costs, and liability issues that can follow you into the future. At Legacy Law Associates, our real estate lawyers can draft and review documents, and negotiate terms to avoid these pitfalls. Real estate deals can be complex, but seeking professional guidance can help ensure a smooth transaction. 

Contact Legacy Law Associates at (386) 252-2531 to schedule a consultation with a knowledgeable real estate attorney in Daytona Beach, Florida. We treat every real estate sale as if it were our own. We navigate real estate matters with confidence and proficiency, ensuring optimal results for our clients.

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