Real Estate

When Would I Need a Real Estate Lawyer?

Attorneys who specialize in real estate can provide you with the guidance you may need as a buyer or seller of a residential property or as a real estate investor. They could be hired at the beginning of the transaction to help guide the process and provide you with advice.

Do You Need an Attorney to Buy and Sell a House?

Although you are not required by law to work with a real estate attorney when you are buying or selling a home in Illinois, you will find that it may still be a good idea. Buying and selling is a detailed, intricate process, and there is always the chance that something could go wrong that you don’t notice.

Having a real estate attorney working for you and who can be present at closing, for example, can be a huge benefit. If the transaction is complex or if there are issues with the title, mineral rights, etc., you will want to have a real estate attorney on your side. It will give you some peace of mind.

Litigation Help

However, they aren’t only involved in helping with buying and selling property. They are sometimes hired as litigators when there is a problem with the transaction. For example, there could be issues with the home that the buyer says weren’t disclosed by the seller. This may need to go to litigation, and a real estate attorney may be needed.

Residential and Commercial

Real estate law can cover both residential and commercial properties. While you may not need a real estate attorney for all residential transactions, as long as they are straightforward, the same isn’t true of commercial real estate.

You will find that commercial real estate tends to be more complicated and expensive. Therefore, it carries with it a higher amount of risk. The cost of commercial properties tends to be a lot higher than residential, after all.

Hiring a real estate lawyer to help you with all of your commercial real estate investments and sales is a good idea. Doing so can help you to avoid some expensive mistakes. It is always better to be safe rather than sorry.

Before you go ahead with your next real estate transaction, stop to consider the benefits of hiring Gandhi Selim Law. Get in touch with an attorney who knows and understands this aspect of the law.

Share
Published by
Gandhi Selim Law

Recent Posts

Navigating the Divorce Process: What to Expect and How to Prepare

Divorce is a significant life event that can bring emotional, financial, and legal challenges. Whether…

1 week ago

Protecting Your Rights in the Justice System

Navigating the justice system can be intimidating, especially if you’re facing criminal charges, involved in…

3 weeks ago

The Benefits of Mediation in Family Law Disputes

Family law disputes can be emotionally charged, stressful, and deeply personal. Whether you're navigating a…

1 month ago

How to Choose the Right Attorney for Your Legal Needs

When facing a legal issue, whether a family matter, a personal injury claim, or a…

2 months ago

How to Ensure Your Business Follows Local Employment Laws

Did you know that non-compliance with local employment laws can cost businesses thousands of dollars…

2 months ago

How to Prepare for an Estate Planning Consultation

Estate planning may sound like something reserved for the super-wealthy, but the truth is that…

3 months ago