Florida law doesn't require buyers or sellers to hire a real estate attorney to close a home sale, but that doesn't mean you don't need one. While Florida law doesn't require buyers and sellers to hire attorneys for real estate transactions, agreements are generally negotiated with real estate agents or real estate attorneys. A real estate lawyer can facilitate price negotiations, as well as help you save money and avoid legal liability or unforeseen costs. In Florida, the law doesn't require you to have a real estate attorney oversee your residential real estate transaction.
You can hire a title insurance company to carry out your closing. This means that you can legally buy a home or condo in the state without having to consult an attorney for advice. It's best to hire a real estate closing attorney as soon as you begin the process of buying or selling real estate in Florida. They can provide guidance from the early stages of the negotiation to the closing process. Residential and commercial real estate transactions are huge financial undertakings.
While you don't need to hire an attorney, it's recommended. In addition, your attorney can resolve issues such as an undisclosed lien, negotiate and create appendices, and negotiate occupancy and escrow agreements. For example, if your foreclosure lawyer discovers that there is an undisclosed lien on the home you are going to buy, they can provide you with the advice you need to resolve the situation, before the buy. A Florida real estate closing lawyer provides a variety of services, including reviewing purchase agreements, conducting title searches, preparing and reviewing closing documents, facilitating the closing process, and resolving legal issues that may arise.
If your lawyer also provides titling services, they can investigate the title to the property and detect any claims, liens, or other conflict with the home that could affect your property. If you are involved in a dispute over a loved one's estate, you need an estate attorney who knows both probate law and trust law. When you hire a real estate attorney to close a home sale, you hire a legal attorney who must be very familiar with Florida law. It also eliminates any surprises that could lead the buyer to file a lawsuit for undisclosed defects in the future.
If your closing lawyer offers titling services, you don't need to go to another title company to close the deal. Florida may not require you to hire a real estate attorney to close a home sale, but having one can be a wise decision. Key Title & Escrow is one of Florida's leading title and escrow companies that has been servicing the real estate industry for over 24 years old. For many people, buying and selling real estate is the biggest financial transaction they will ever make.
Both your time and money are valuable resources that an attorney can help you save while conducting a real estate transaction.
