10 Ways a Real Estate Attorney Can Help You

On Behalf of Lake Tindall, LLP | April 2, 2024 | Real Estate Lawyer

Deciding to purchase or sell property, whether it’s for personal or business use can be a daunting task even with the most straightforward of transactions. More complicated real estate transactions may leave you feeling downright intimidated or incredibly stressed. After all, the more significant the purchase or sale, the more important it is to have every step completed accurately. When it comes to complex real estate transactions, it’s a wise idea to hire a real estate attorney to ensure that all your t’s are crossed and all your i’s are dotted. A local real estate lawyer can save you valuable resources, helping maintain a prompt timeline, ensuring all legalities are accounted for, and avoiding costly mistakes. Lake Tindall is here for you, delving deeper into the world of real estate law and exploring all the ways a real estate attorney can help you with your real estate purchase or sale.

What is a Real Estate Attorney?

A real estate attorney is typically a licensed professional lawyer who specializes in real estate sales and purchases. They serve a number of purposes from preparing and reviewing paperwork to overseeing all the legal aspects of a transaction. 

Who Needs a Lawyer for Real Estate Transactions in Mississippi?

Typically there is one attorney representing the seller, another representing the buyer, and one representing the lender (in some cases the title company will also have an attorney). Lake Tindall has represented each one of these parties in thousands of different transactions. It is important to note that one attorney cannot represent different parties in the same transaction. 

When do you need a real estate lawyer? In the state of Mississippi, it is legally required for an attorney to assist with, at the very least, closing duties. In other cases, it might be a good idea to consider a real estate attorney for your transaction if there are complicated tax considerations, the property is being purchased as an investment or for a business, if there are liens on the property, if any title issues exist, and many more such scenarios. In some cases, purchasers do not even realize there are issues with the property until their lawyer uncovers the problems in the process of organizing the transaction. Rather than going into a situation unaware of what you may be facing, hire a local real estate law firm and rest easy, knowing that your transaction is in good hands.

Real Estate Attorney Services

Real estate lawyers can serve a variety of functions for whichever party they are representing. Whether they represent an individual, a corporation, a small business, a title company, or a lending institution, they act to oversee the entire transactional process and ensure the sale or purchase is completed to the letter of the law.

Real estate lawyers can help you with:

1. Drafting and reviewing contracts for real estate purchases or sales
2. Preparing or reviewing closing documents including the deed, disclosures, mortgage/note, and communicating terms to clients
3. Ensuring that the transaction meets all laws and regulations
4. Conducting title searches and arranging for title insurance 
5. Discovering unpaid loans, liens, deed restrictions, and claims against the property
6. Negotiating real estate deals and overseeing financial transactions
7. Handling zoning, easements, covenants, and other land use issues
8. Drafting and reviewing leases, subleases, construction loans and contracts
9. Determining obligations regarding HOA fees, property taxes, utility charges, etc.
10. Acting as a legal representative for foreclosures, disputes, and litigation

Best Real Estate Law Firm Greenville, MS

When it comes time to purchase or sell a personal or business property in Greenville, MS, and the surrounding areas, contact the Lake Tindall legal team! Our seasoned professionals are vastly experienced in Mississippi real estate law and we are the best legal real estate team with whom to entrust your transition. Call or click today for a free real estate lawyer consultation!