Title Attorney in Aventura

There are several law firms in Aventura that handle various areas of legal topics. If you are in need of legal advice from an Aventura attorney or law firm you can contact attorney Richard Becker by filling out the simple contact form. You will be contacted to discuss your legal needs.This post is related to the work typically handled by an attorney or title company in Aventura.

Richard Becker, Esq.
Richard Barak Becker, LLC
Phone: 305-508-7202
email:Richard@barakbecker.com

I will be discussing various areas of law on this blog, see a full list of legal topics at the end of this article. The first area of discussion will be areas of real estate and title law. If you are in search of a local attorney or real estate title company in Aventura, fill out the contact form above. Here’s an overview of an attorney’s role in a real estate closing.

ROLES OF A REAL ESTATE ATTORNEY AT CLOSING

Real estate law encompasses a wide range of areas relating to acquiring, financing, developing, managing, constructing, leasing and selling residential and commercial property. I’ve been asked to provide a brief and general synopsis for some of the roles of a real estate attorney at a closing.

As many homeowners know, during a real estate closing, the buyer and seller are brought together, the significant documents are signed and payment is made. While this may seem like a relatively simple process, conducting a real estate closing is, in fact, a complicated matter. Accordingly, many buyers and sellers often turn to lawyers for assistance in making the closing process as stress free as possible.

The complex phases of a real estate closing include examination of title, completion and explanation of legal documents, and the resolution of possible title difficulties. Real estate closing attorneys conduct the steps by examining title records for prior conveyances, unpaid mortgages, liens, judgments, easements, and other encumbrances or clouds on title. They confirm the seller has the authority to convey good title and that no errors exist in the chain of title. They negotiate with title insurance companies for insurance coverage to insure titles against any adverse claims of ownership, liens, and easements. Next, they combine this information into one set of closing documents which are explained to the buyer and seller in a simple manner so the parties understand the issues involved in the transaction. These issues include the terms of the sales contract, the findings and analysis of the title search, significance of the title search, the quality of title, the extent of risks, the obligation to close or not to close, and the process of closing itself.

Finally, at the end of the closing, the attorneys disburse the funds, record the relevant documents as public records, and prepare title insurance policies for the purchaser and lender. While not all states require an attorney at closings, I have always recommended their use since a qualified real estate attorney can save you from costly mistakes, such errors in documents or figures, which could result in litigation or other expensive legal action in the future.

Disclosure: Although this article provides legal information, it is not and should not be considered legal advice. This article has been provided solely as an educational tool to provide general insight into the law and is not intended as legal advice or a legal opinion. Because specific factual circumstances may alter the manner in which law is applied and/or interpreted, we strongly recommend that you consult with an attorney to be certain that your interpretation of the legal information provided is appropriate in light of your particular circumstances.

Submitted by: Richard Becker, Esq.



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