If you are preparing to buy or sell a home in Fort Lauderdale, there are quite a few reasons why you need a real estate attorney at the closing. Not only is closing an exciting day, it's also a stressful day. You will be signing a ton of paperwork. You could also run into some real estate disputes about the property. So, why should you have an attorney at closing? Let's take a look at some reasons in this post.
For starters, you will need to sign a ton of paperwork at closing. This can be downright confusing and overwhelming. A lot of the paperwork will include wording that you might not understand or might not feel comfortable signing. An attorney will be able to answer all of your questions and explain clauses in the paperwork to you.
A real estate attorney will also be able to help you with the title search. He or she will look for exceptions on the title and if there are any problems with previous owners, such as restrictions. The attorney will be able to clear exceptions and explain how easements work.
It's best to have the deed and other closing paperwork prepared by your attorney, who should also go with you to the closing. Disputes could arise and the attorney can help resolve them in a matter of moments with the other party. The attorney can also explain all of the closing costs included in the process.
As you can see, a real estate attorney can relieve a lot of the stress associated with the closing on a real estate transaction. You will want someone by your side who is looking out for your rights in Florida.
Source: Findlaw, "Why You Need a Lawyer When You Buy or Sell a House," accessed June 01, 2018