Denton County is one of the fastest-growing areas in the nation, with thousands of individuals and families flocking here every day to buy or sell a home, open a brick-and-mortar business, purchase land, etc. And regardless of whether those transactions go through smoothly or hit a few unfortunate legal snags, real estate law will come into play in a major way. Trust us when we say this is a good thing, though there are still many real estate law myths that confuse even the best of us.
Since protecting our client’s best interests is priority No. 1 at Christman | Daniell Attorneys, below are a few common myths and misconceptions about real estate law that can send you and your family down the wrong path if you’re not careful.
3 Common Real Estate Law Myths
Myth #1 — You don’t need a real estate lawyer to buy or sell property
This is perhaps the biggest real estate law myth of them all. After all, even the most nip-and-tuck real estate transactions have their share of issues and obstacles to overcome. And the more complicated the transaction becomes, the better off you’ll be by having the right representation. Having a real estate attorney in your corner ensures you receive the right advice and are protected from potential legal disputes or mistakes made during the process. In the long run, mistakes could ultimately cost you time, money, and heartache. A real estate lawyer can draft or review all documents before you sign, offer advice and assistance, represent you in negotiations, and point out potential sticking points you didn’t realize existed.
Myth #2 — Realtors can do everything a real estate attorney can do
This is not a knock against our many realtor friends and colleagues. Realtors are highly skilled and will always have your back for a variety of issues related to your next real estate transaction. But realtors cannot offer legal advice. For example, perhaps there are unusual terms and clauses in a contract that require legal ise. A lawyer can be brought in to navigate this sticking point and offer legal advice that the realtor simply can’t do. Both realtors and real estate attorneys play an important role in a real estate transaction and can work together for your best interest.
Myth #3 — Real estate laws are the same from state to state
This simply isn’t true. Sure, there are similarities no matter where you intend to settle down, but the real estate laws, rules, and regulations in California or New York can be vastly different than in Texas, depending on the real estate issue you’re facing. Laws can even differ slightly from county to county in the same state. Therefore, having a local real estate attorney in your corner with the skills, insights, and knowledge necessary to navigate whatever area you’re in is crucial. Doing so ensures documents are drawn up correctly and that your next real estate transaction adheres to local guidelines.
What potential real estate law myths have you heard and have questions about? Christman | Daniell Attorneys, has extensive experience in all areas of real estate law and are happy to answer any questions you might have. We represent buyers and sellers in commercial and residential real estate contracts, assist parties in negotiating contracts, advise clients on title and property matters, and represent residential and commercial real estate developers.
We also litigate disputes, including boundary disputes, contested appraisals, suits arising from breach of contract, condemnation proceedings, failure to close, title defects, breach of warranty, construction defects, liens, foreclosure, adverse possession, condemnation, and recording issues.
Please call Christman | Daniell Attorneys, for your legal needs today!
Please consult an attorney for advice about your individual situation. The material on this website and in this or any blog article we publish are for informational purposes only and do not constitute legal advice. The attorneys at Christman | Daniell Attorneys, believe in tailoring legal advice and solutions to your own personal circumstances.
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