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Broker's Guild Real Estate
Wallie and Cyndy Weld of the Weld Team, Broker's Guild Real EstatePhone: (720) 629-3483
Email: [email protected]

Real estate attorneys: The basics

by Wallie and Cyndy Weld of the Weld Team 08/14/2024

A real estate attorney is a crucial professional to have on your side when it comes to buying or selling property. They specialize in property law and play a vital role in ensuring the legality and protection of all parties involved in a transaction. But what do they actually do? Here are some of the key responsibilities of a real estate attorney:


Document Drafting & Review

Real estate attorneys handle the drafting, review, and negotiation of legal documents such as purchase agreements, deeds, titles, and contracts. Their goal is to safeguard their clients' interests by identifying potential risks, ambiguities, or hidden clauses.


Title Search & Insurance

Real estate attorneys conduct thorough title searches to ensure the property's ownership history is clear of liens, encumbrances, or legal disputes. They may also help obtain title insurance for protection against future issues.


Due Diligence

Attorneys carefully examine all aspects of a property, including zoning regulations, land use restrictions, and environmental assessments. This process helps clients make informed decisions and avoid costly complications.


Negotiation & Dispute Resolution

Real estate attorneys represent their clients during negotiations, aiming to secure favorable terms and protect their interests. In the event of a dispute, they provide guidance, mediate conflicts, or handle litigation if necessary.


Closing Procedures

Attorneys ensure that all legal requirements are met during the closing stage of a transaction. They coordinate with other professionals involved, oversee the transfer of funds and property rights, and ensure proper execution and recording of documentation.


Engaging a real estate attorney is a wise decision when navigating property transactions. Their expertise helps mitigate risks, provide legal guidance, and protect your interests throughout the process. Whether it's document preparation, dispute resolution, or overseeing closing procedures, a real estate attorney serves as an invaluable asset, offering peace of mind and facilitating smooth transactions in the real estate industry.


About the Author
Author

Wallie and Cyndy Weld of the Weld Team

With a combined 25+ years in the business and belonging to one of the most experienced Brokerage Firms in the Greater Denver Area, the Weld Real Estate Group will help you navigate the Real Estate waters in a professional manner. Whether you are a first time home buyer,  an experienced investor in the commercial arena or relocating to or from Colorado, we can make your transaction  as seamless as possible as well as enjoyable. Our team of agents, lenders, title companies and trained office staff insure you will feel confident about your path to selling and buying property. We also have staff to help you determine whether you want to do a short term rental of your property. We currently service the greater Denver Metro area, Boulder, Ft Collins, Colorado Springs, Summit, Park, Grand and Lake Counties. We look forward to serving you!