Do You Need A Real Estate Attorney?
Do You Need A Real Estate Attorney?
Key Issues:
- As a real estate investor, one of the most important members of your team should be your attorney.
- A real estate attorney can help protect your business from future liabilities.
- The right real estate attorney should be well versed in real estate law.
Do I Need A Real Estate Attorney To Protect My Business?
As a real estate investor, you may find it useful to have a real estate attorney to help decipher loan documents, HUD statements, title issues and lease agreements. However, the real advantage to working with an attorney is that we help limit the liabilities associated with owning investment property. We help protect both your business and you personally from the many issues that can arise out of of owing investment property.
Yes, there will be attorney fees, but our fees are simply outweighed by the potential cost of losing your investment properties over a legal issue. We help ensure you and your investment are protect. Many real estate investors consider hiring a real estate attorney as a necessary cost, and rightfully so. Below you find many of the reasons a real estate attorney can benefit you and your business.
Here are some of the reasons why every investor needs an attorney on their team:
- As a local real estate attorney we have strong handle on local issues and how courts are addressing particular matters. We are well versed in state and local laws, we help ensure that your property, and anything done to it, is in compliance with all state and local regulations.
- If you have a boundary disputes or survey issues we are able to work with your realtor to ensure the process is resolved quickly and goes smoothly.
- When you sell or purchase property , we can help handle the settlement, title check and provide answers to all your legal questions. When an unexpected events arises during the closing process we can take care of the matter.
- If you are purchasing commercial real estate we can help with any legal issues that are unique to commercial real estate transaction. Investors seeking to get started in the world of commercial real estate will find our counsel especially helpful when it comes to acquiring new properties or managing existing ones.
- Many times investors my rehab a property prior to occupancy, as a local attorney we can advise how to hire contractors and we can create or review contracts, to ensure that your interests are protected.
- Finally, perhaps the most important reason to work with Acquire is that we can help prevent your business structure from being open to certain liabilities. By addressing issues early you can avoid many potential legal issues. Ultimately we want to save you time and money in the long run.