Finding just the right home for your family or a commercial building for your business can be a challenge. Once you have identified the ideal place for your needs, spoken with a real estate agent, and agreed upon a price with the seller, the challenges haven’t ended but are just beginning.
Real Estate Attorneys
Many real estate buyers and sellers are tempted to avoid the cost of an attorney in a real estate transaction. This is often a mistaken economy, as errors here can be costly. An attorney can assist in several specific ways.
- A real estate attorney is licensed to practice law and can give legal advice. A real estate broker is licensed and competent in the field of real estate buying and selling but cannot give legal advice. If complicated questions arise, the real estate broker is not able to advise a client in the matter as an attorney can.
- A real lawyer is both trained in negotiations and experienced with them. Real estate deals are often complex, and the parties often disagree on the specific terms of the real estate contract. An attorney represents one client and one side of the transaction and can advocate for that party.
- A real estate lawyer is aware of other legal issues that affect the transaction. Real estate may involve divorce or estate. Real estate sales nearly always involve income or capital gains tax considerations. An attorney can advise the client on these matters and when necessary, find specialized advice in matters of tax.
At Campbell Legal Associates, PLLC, we represent all aspects of both residential and commercial real estate transactions. We do work for both buyers and sellers. We can review the purchase or sales contract, identify issues that may lead to conflict between the parties, and, when necessary, represent our client’s point of view in negotiations with the other party, their real estate agent, and their attorney.
We can evaluate titles and perform title searches to demonstrate and guarantee ownership of the parcel. We can also research and analyze any liens on the property to ensure the buyer receives a clear title.
Campbell Legal Associates, PLLC has experienced attorneys who understand other important aspects of real estate law, such as restrictive covenants, Native American treaty, and ownership issues and easements which may affect the owner’s full use of the property. We also do right-of-way work and can assist with both claims by landowners for full and fair compensation when confronted with an eminent domain action or the assemblage of parcels for acquisition by an agency, government, or utility.
If you are a real estate buyer or seller in New York or New Jersey, don’t work through the transaction alone. Contact Ms. Campbell at Campbell Legal Associates, PLLC for a free consultation on all your real estate needs.