You found a house you want to buy? The price is right and you’re ready to sign a contract. Congratulations! Do you need a Florida Real Estate Attorney in the transaction?
There is no legal requirement that you must be represented in a real estate transaction in Florida, but a lawyer can help you make sure that all of the terms are understandable and acceptable to you before you incur any legal and financial obligations and expectations by entering into the contract.
People frequently invest a great deal of hope, dreams and expectations in real estate transactions, and their emotions are typically much more important to them than the money involved. People may have time concerns about moving to a new home, may have waited a long time to find the right house in the right neighborhood, may have already decorated their new homes in their minds, and their realtors may be counting on their commissions to pay their monthly bills. When real estate transactions fall apart, the sellers, purchasers and real estate professionals often become very anxious and feel greatly mistreated. That’s why so many failed real estate transactions breed lawsuits. The people feel badly damaged and in need of compensation from the responsible person(s) who breached their obligations in the transaction.
A Florida real estate attorney can help you make sure your rights and obligations are clearly stated in your contract, and can look for anything erroneous or unenforceable that should be restated or removed from it. A Florida real estate attorney can help you stand up for your rights in a transaction when the law and facts support your position. If you are not familiar with the details of real estate law, you might not clearly understand your rights and obligations, and may not properly assert your rights when another person’s conduct may cause a valuable deal for you to evaporate.
If you are involved in an important real estate transaction, consulting with a Florida real estate attorney may help you to foresee and avoid potential pitfalls. If a transaction seems to be falling apart, a Florida real estate attorney may help you to properly address problems or navigate your way through them.
* Disclaimer: This article is intended for general informational purposes only, and should not be relied upon as legal advice. There is no lawyer and client relationship arising from this article. You may contact us to discuss your specific concerns if you are seeking legal advice, assistance or representation.