Wednesday, January 5, 2022 / by Tara Turner
Do You Need an Attorney at Closing?
Do You Need an Attorney at Closing?
The closing is the last step in a real estate transaction. Depending upon your state's laws, you may or may not be required to have an attorney to represent you at the closing. It's important to understand that while other attorneys may be present at the closing, for example, a lender's attorney, they do not represent you.
You can have your own legal representation and retain an attorney to review all contracts , to represent you at the closing, and to answer any questions that you may have. If you choose to retain an attorney, it is in your best interest to find one who specializes in real estate matters.
Seeking the advice of a lawyer is a good idea particularly if the transaction involves distressed properties, estates, non-cooperative partners, easements, liens, judgments, or lot lines that are questionable. Your realtor can explain what the protocol is in your area.
If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070. Mitchell Stein License# 0208163
The closing is the last step in a real estate transaction. Depending upon your state's laws, you may or may not be required to have an attorney to represent you at the closing. It's important to understand that while other attorneys may be present at the closing, for example, a lender's attorney, they do not represent you.
You can have your own legal representation and retain an attorney to review all contracts , to represent you at the closing, and to answer any questions that you may have. If you choose to retain an attorney, it is in your best interest to find one who specializes in real estate matters.
Seeking the advice of a lawyer is a good idea particularly if the transaction involves distressed properties, estates, non-cooperative partners, easements, liens, judgments, or lot lines that are questionable. Your realtor can explain what the protocol is in your area.
If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070. Mitchell Stein License# 0208163