Acquiring real estate is a major investment, and you want to ensure that all contractual details are consistent with the agreed upon terms. Real estate law and contracts can be dense and easy to misconstrue. However, our law firm is here to see that your contract reflects your best interests.
Over the years, our legal expertise and attention to detail have earned us our reputation as the real estate lawyers trusted by local residents. Safeguard your property transaction by leaving the fine print to us. In addition to our standard transaction and contract services, we specialize in:
- Resolution of Landlord/Tenant Disputes
- Transfer of Title and Ownership
- Title Dispute Representation
- Bad Faith Insurance Litigation
- Contract Disputes
- Breach of Contract
- Boundary Dispute Representation
- Property Liens
- Easements, Right Of Way, and Access Issues
- Buying and Selling Property
- Insurance Coverage Disputes
In order to better understand the process of buying/selling a home, it is important to know the language used in real estate closings.
What is the difference between a deed and a title?
Deeds and titles are related concepts, and they’re often mixed up.
The title refers to the legal right to access a property and transfer its ownership interest to another party.
A deed, on the other hand, provides proof of property ownership. In most states, property deeds need to be filed and notarized.
What is a contract of sale?
A contract of sale is an agreement for the purchase and sale of real estate.
The contract is usually prepared by your real estate broker and is a standard form contract, which is submitted to your attorney for further refining.
What is a title report?
A title report is generated from a search of a real estate property’s title history.
A complete report will contain general property information like a description, zoning, and tax rate, in addition to a more detailed history of the property’s ownership with the names of any titleholders.
It will show any liens, mortgages, or overdue taxes, or any concerns about property boundaries. A title report may also be required if you are seeking financing for a property.
Most importantly, a report will let you know about any problems that may cloud the title, giving you time to resolve them before the closing.
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