The Role of Attorneys in the Field of Real Estate Law in Myers, FL

by | Apr 23, 2020 | Law Services

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There’s no question that real estate law in Myers, FL is complicated, and that for most legal issues, hiring legal representation is a smart move. However, what many people don’t know is exactly what a real estate lawyer does. Read on to learn more about their role and how they can help with these situations.

Document Drafting
One of the main roles of someone in real estate law in Myers, FL is to be a document drafter. A real estate attorney is responsible for preparing deeds for conveyance transactions, as well as rental agreements and leases. They also work with financing agreements and purchase contracts. While state law often allows real estate agents to assist with these forms, only a licensed attorney can draft and revise the documents.

Deal Negotiations
Because attorneys practicing in the real estate field have quite a bit of experience with many different types of transactions, clients often ask them to help negotiate the terms and conditions of a real estate deal. This process involves the attorney working with other lawyers, brokers, developers and investors.

Transaction Review
There are some real estate attorneys who are only involved in the review process and providing advice regarding real estate transactions. Clients will be responsible for negotiating their deals, signing the contract and they then ask their attorney to help with the due diligence on the deal agreed upon.

During this process, the attorney will examine any legal title issues, the environmental issues, reports and any of the other documents involved in the real estate transaction. The attorney has the necessary training to help them detect issues that their clients may not recognize. When working in this capacity, the attorney serves as a type of guardian for their client, ensuring they don’t fall into any type of unseen legal situation or trap.

Due to the complexity of real estate law and all that is involved with these transactions, it is a good idea to hire a lawyer for any buying or selling that is being done. If more information is needed, a person can schedule an appointment. Being informed is the best way to handle any real estate transaction.