The best, and often ignored, advice is to contact a lawyer before signing anything. We can answer these questions and discuss with you their legal ramifications. In this changing real estate environment, it is never prudent to execute a legally binding contract involving the listing for sale of your home without first consulting an independent professional real estate lawyer. The second critical event in selling or buying a home is the contract negotiation between buyers and sellers. Most communities use standardized real estate contracts prepared through the cooperative efforts of real estate sales professionals and real estate lawyers.
All contractual language is negotiable and every word has legal significance.
Real property disclosure laws require that the seller provide a specific legal disclosure of potential defects in the property to buyers. These legal considerations, and many more, must be addressed before you sign. The Closing The third stage where legal representation is critical is at closing. Everything comes down to that single point in time when legal title is transferred from seller to buyer and money is funded from lender to buyer to seller. Dozens of legal documents are passed back and forth across the table between the parties involved.