Real estate law concerns all issues relating to the purchase, sale and ownership of real property. Examples of typical real estate matters include (1) real estate transactions involving the purchase and sale of real property; (2) mortgaging real estate; and (3) providing title insurance to property owners and mortagagees.
As part of our legal services, The Law Office of Linda Singer practices real estate law in the following areas:
More information on real estate law is provided below.
Real Estate Process
After making the decision to purchase real property and a price is agreed upon between the buyer and the seller, the next step is for both parties to enter into a written contract. It is strongly suggested that you seek the services of a lawyer to help you before you sign such a document. This is very important because there is little that any lawyer can do for you in trying to change a contract once you have already signed the contract. The fact that the deal may be unfair is not a valid basis to overturn or void a contract between two consenting parties.
After the contract is signed and certain contingencies are met, a title agent (usually selected by the buyer) is employed to investigate the title of the property and determine if there are any outstanding liens on the property. Linda Singer acts as a title agent when the buyer chooses her. A title agent will produce an owner's title policy and if there is a mortgage, a mortgagee title policy, insuring the mortgage for the property at the closing.
Prior to the closing, the title agent will verify the chain of title for the property to ensure status of liens. Covenants, restrictions, and encumbrances that have been recorded in the public records in the county in which the property is located are noted and excepted from the title policy.
The transaction is finally ready to close when all title issues and liens have been addressed and all contract contingencies have been met. The final step in the purchase and sale of real estate takes place at the real estate closing. All the details concerning title, payment of liens, and financing are finalized at the real estate closing. At closing, the bill of sale, deed to the property, HUD-1 settlement statement (closing statement) and any mortgage/financing documents will be signed. The HUD-1 Settlement Statement contains all charges, payments, costs and disbursements for the transaction, including payment of liens, taxes, and closing costs.
A lawyer can assist you by explaining the real estate closing process and by preparing and reviewing the title and closing documents.
Evictions
An eviction is the legal process to remove a tenant from occupying property. The eviction process has definite deadlines and procedural rules that both the landlord and tenant must follow. Failure to comply with the procedural rules or time deadlines for an eviction case can be fatal to your cause. If you need to remove a tenant, it is strongly suggested that you seek the advice and help of a lawyer for your case.
Please call (305) 670-5291 for more information
or to schedule an appointment.
This web site is designed for general information only. You should not rely on the information for your specific situation.The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice regarding their individual legal issues.
|
