Property purchase and sales have legal frameworks within which the process must be conducted. Hiring a property division attorney will help protect your interests and ensure transactions are tailored to your expectations. Since the process entails ownership structures, asset protection and estate planning, the lawyer will handle all the legal aspects. If you are interested in buying or selling property, below are reasons to hire a Greenwich property division lawyer.
Contract Drafting
Contracts stipulate the terms of sales or purchases and the expectations and responsibilities of both parties. The contract will include legal descriptions, payment terms, purchase price, down payments and other contingencies. It will also cover ownership transfer and fee payments. Your lawyer will ensure that all these terms align in your favor before signing the contract to avoid disputes since it is legally binding.
Title Search
Before initiating financial transactions, the lawyer will conduct research on property ownership. They will run background checks, title searches and whether there are any legal disputes involving the property. If there are any controversies or irregularities, the lawyer will offer legal advice to protect you from them.
Negotiations and Litigation
The presence of a property lawyer is vital in the initial stages of property sale or purchase. This is because the lawyer will help negotiate using information from his networks of realtors and valuators. The lawyer will also offer legal counsel and aid with litigation processes if you face any cases.
Understanding your state’s property laws governing purchases, sales and transfers is critical. Getting an experienced property lawyer will help you navigate the process to closure. The Family Law Firm Healy Eliot + McCann is committed to offering divorce, property division, alimony and child support services.
