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Examples Of Situations A Real Estate Law Firm Can Help You With

10 August 2020

Everett Cook

Real estate law firms offer a lot of helpful services for people who buy, sell, or rent real estate. Depending on your situation and the law firm that you work with, you might be surprised by the different things that a good real estate lawyer can help you with. These are a few examples of situations that one of these attorneys might be able to assist you with.

Creating a Lease for Residential Rentals

If you are in the rental business or if you are hoping to start renting out a residential property, then one main thing that you should be focused on is signing a proper lease. After all, you are probably required by law in your area to abide by certain laws when writing up a lease for your tenants. Additionally, you will want to make sure that your rental business is protected. A good real estate lawyer should be more than happy to write up a proper residential property lease for you and your tenants to sign, and this lease should be completely lawful and should protect you as well as possible.

Creating a Lease for Commercial Rentals

If you rent out commercial properties, you should also work with a real estate lawyer to draw up a proper lease to sign with your commercial tenants. There are some differences in the laws and industry standards when it comes to commercial leases in comparison to residential leases. Luckily, a good real estate lawyer should be able to talk to you about these things and help you write up a proper commercial lease for your tenants.

Drawing Up an Owner Financing Contract

If you have a property that you would like to sell, you might be playing around with the idea of offering owner financing. After all, this can be a good way for you to sell your property more quickly, and you can make more money since this gives you the opportunity to charge interest. However, it is important to write up the right type of owner financing contract if you choose to pursue this type of real estate transaction, and a real estate lawyer can help.

Looking Over Purchase Agreements

If you are thinking about buying a piece of land, a home, a commercial building, or any other type of property, it is not a bad idea to work with a real estate lawyer. This is particularly true if you are new to buying real estate. Luckily, a real estate lawyer can look over the purchasing contract and can help you ensure that there are no problems before you sign.

To learn more, contact a real estate law firm.

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