Common Issues in Real Estate Transactions
Buyers and sellers in real estate transactions often face a range of issues, including:
- Title issues
- Boundary disputes
- Zoning and building code violations
- Undisclosed defects or damage
- Financing issues
To help resolve these issues, it can be valuable to work with a real estate lawyer. Here are four ways they can assist:
- Conducting a thorough title search to ensure that the buyer's ownership rights are protected.
- Reviewing zoning and building codes to ensure compliance with local regulations and obtain permits and approvals.
- Reviewing disclosure documents and inspecting the property for any defects or damage that should have been disclosed to the buyer.
- Assisting with financing issues, including reviewing mortgage documents and advising on alternative financing options.
Remember that there may be limitations to what a lawyer can do, and they may recommend further action if necessary. With the right legal guidance, real estate transactions can proceed smoothly and protect the rights of all parties involved.
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