As a real estate lawyer, my role in the purchase or sale of a property is to ensure that my client's legal rights are protected throughout the transaction.
Firstly, I will review and negotiate the terms of the purchase or sale agreement, ensuring that my client's interests are properly reflected in the contract. This includes reviewing clauses related to purchase price, deposit, closing date, and any special conditions.
Next, I will review the title of the property, ensuring that there are no liens, encumbrances, or other issues that would prevent my client from taking clear, marketable title to the property. I will also ensure that any necessary permits or licenses have been obtained for the property.
During the due diligence period, I will work with my client to review all relevant documents, such as financial statements, leases, contracts, and inspection reports. I will also conduct any necessary searches of public records, such as zoning maps, environmental reports, or tax assessments.
If any issues arise during the due diligence period or at closing, I will work to resolve them in my client's favor, either through negotiated solutions or by taking legal action.
At closing, I will review all closing documents, including the settlement statement, promissory note, and mortgage or deed of trust, to ensure that they accurately reflect the terms of the transaction and that my client's rights are protected.
Overall, my role as a real estate lawyer is to ensure that my client's interests are protected throughout the purchase or sale of a property, and to provide legal advice and representation in any disputes or issues that may arise.
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