Attorney Review of Real Estate Transaction Agreement
Connecticut Real Estate Attorney Reviews Agreements Before You Sign
Enfield Law Firm Experienced in Real Estate Transaction Agreement Reviews
Either a buyer or seller, or both, may hire a lawyer to represent their interests in the purchase or sale of a home. A lawyer's role can be as broad or limited as the client wishes it to be, and commonly includes review of the real estate transaction agreement.
While most real estate agents are trained to fill in the blanks of standard form agreements, they have not been trained in real estate law and cannot advise you on the legal significance or the effect of the terms of a purchase agreement. Although pre-printed language is there for convenience, all of the terms of a real estate transaction agreement are negotiable, and as with any contract, you and your attorney should carefully review its terms and make sure you understand the legal effect of each provision before you sign the agreement.
How Much Does An Attorney Charge to Review a Real Estate Purchase Agreement?
A real estate attorney's fees are generally based upon the complexity of the transaction, not the purchase price of the home. While some lawyers bill by the hour, some offer a flat fee to review a transaction agreement, and others offer a flat fee for a certain amount of work and bill by the hour for any additional services performed. Because the sale or purchase of your home is probably the largest business transaction that you will ever be involved in, it is vital that your interests be protected, and hiring and paying an experienced real estate lawyer is strongly encouraged.
The attorneys at Susan M. Williams, LLC have over 25 years of experience reviewing the paperwork associated with Connecticut real estate transactions. For comprehensive legal representation, contact our firm online, via e-mail, or call 860-265-4764 and set up your free initial consultation today.