A Real Estate Lawyer is essential due to the complexities of real estate law. Especially, where huge amounts of money are involved in even the least complicated transactions. The more complicated and valuable the transaction, the more possible it is that someone may expect to run away with something that is not in your best interest.
You need professional legal advice from a Florida Real Estate Lawyer to safeguard your rights and interests, whether you are purchasing, selling, refinancing, or renting a property in Florida.
Florida Real Estate Law
Florida Real Estate law allows for the right of a person to own lands, including houses or structures on land, including resources below the land surface, such as minerals and oil, and above the land surface. To differentiate it from personal property, which is movable property, real estate is often referred to as real property. Without an understanding of Real Estate Law, individuals find it difficult to enter the property market.
As far as tenants, landlords, and any real estate properties are concerned, Florida has complex rules. For example, based on whether the tenant disputes the deductions, the Florida landlord has 15 to 60 days to refund the tenant’s security deposit. Florida also has a history of fraud and bogus real estate sales which is why it is always safe to proceed with a transaction by engaging a real estate lawyer.
Although purchasing real estate is simply a transaction between a buyer and a seller, each party must meet many legal criteria to pass the immovable property.
What type of transactions require the assistance of a Real Estate Lawyer?
Real Estate is a very wide area that includes the following areas to deal with:
- Specific Performance matters
- Title Insurance
- Title Claims
- Real Estate Development
- Subdivision and Condominium Development
- Land Use Planning and Zoning
- Real Estate Litigation
- Commercial Landlord-Tenant
- Real Estate Contracts
Why do you need a Real Estate Lawyer in Florida?
Not hiring a Florida Real Estate Lawyer has undeniable consequences. Although most Florida real estate deals involve only the real estate agents of the parties, engaging a Florida Real Estate Lawyer not only helps to protect the rights of each party, but also speeds up the whole process and helps streamline the negotiation of the deal, the closing process, obtaining title insurance, and negotiating with lenders.
In addition to being able to work with the more complicated problems that occur, an attorney will also assist both the residential real estate buyer and seller to ensure that all contracts are drawn up to meet their personal goals, that they only sign documents that they are legally required to sign, that they are not impacted by any liens that are found throughout the title search and resolve any other matter to safeguard interests and avoid fraud.
Hiring a Real Estate Lawyer in Florida
You should have a Real Estate Lawyer working alongside you in the process, regardless of whether you are purchasing or selling immovable property in Florida. It’s not a wise idea to rely on the representative of the other party to direct you since he or she is presumably paid to mitigate the other party’s risks. Although you might be able to answer certain questions from an agent or realtor, only your lawyer can work in your best interests. So, if you’ve now decided to hire a Real Estate Lawyer in Florida, please contact the Marrero Law Firm for assistance.