Who Needs a Real Estate Attorney - Selling Real Estate FAQ
Prepared by ThinkGlink.com Staff
Q. Do I need a real estate attorney?
A. Using an attorney to close residential real estate transactions
differs from state to state. No state will require you to have a real estate
attorney.
In fact, in states like California and Indiana, attorneys are used only in difficult or complicated transactions, or where the buyer or seller specifically wants someone to read and explain the legal documents begging signed.
In states where the use of real estate attorneys is uncommon, brokers and closing officers advise buyers and sellers about the transaction. In many other states, however, real estate attorneys are commonly hired to assist in the purchase and sale of residential real estate.
You should hire and attorney if you are unfamiliar with the documents you are unfamiliar with the documents you are signing if attorneys are generally used in the sales of home in your area, or if you do not have confidence in your broker. If your deal is complicated or you have a skittish, nitpicking buyer who wants to make lots of “little” changes to the contract, you may want to have an attorney review what’s being done and how it affects your rights.
Return to Frequently Asked Questions about Selling Real Estate
Seller Closing Costs
Quit-Claim Deed Question
Deed in Lieu of Foreclosure Will Hurt Credit Rating
A Real Estate Professional
Lockbox
Link to This Article
Like what you've read? Spread the word! You can link to this article
from your website by copying the following code and adding it to
a page on your website:
Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications