Decisions regarding buying and selling homes are big decisions. Most of us understand the complexity and detail required in the process and that’s why no matter where you are in the world, these decisions can feel stressful and overwhelming. If you are based in Edmonton and are considering buying and/or selling a home soon, this a sign from the universe! When hiring a residential real estate lawyer, you should keep the following things in mind to go through the process without confusion or chaos. More importantly, you must be familiar with what a residential estate lawyer can do for you. Read on to know more.
Who are Residential Real Estate Lawyers?
Residential real estate lawyers are legal professionals who specialize in a range of legal activities related to the property, from completing sales transactions to mitigating disputes. The expertise of real estate lawyers allows them to prepare and review documents related to purchase and sale agreements, mortgage documents, title documents, and transfer documents.
Responsibilities of Residential Real Estate Lawyers?
A residential real estate lawyer can help you with the following:
- review and prepare all documents required to be signed at closing;
- represent either the buyer or the seller;
- have a thorough and detailed understanding of the transaction; and
- can implement the real estate law for their local jurisdiction.
So what are a few things you should keep in mind when looking to hire a residential real estate lawyer in Edmonton?
Buying or selling a property demands keeping up with certain amounts of legal complexity. It is crucial that the legal help you hire is competent and makes this journey easy and smooth. While most of us hire a lawyer for such matters, we often do not know how to make the right choice. There is no shortage of lawyers in Edmonton. Hiring the right real estate lawyer for you can make a massive difference to your situation. Here’s what you should remember before hiring the right residential real estate lawyer.
Do your research. While it might sound a bit time-consuming, you will thank yourself later. It is always advisable to create a list of lawyers in your area and identify those specializing in residential real estate. Always go for lawyers who specialize in the field you are looking to hire.
There’s no substitute for experience. Ideally, pick a lawyer who has real experience in terms of actual years of practice behind them. They have the training and come ready to deal with most situations due to their rich experience as a seasoned lawyer. Therefore, choosing an experienced lawyer can help you get through several potential problems.
Pay attention to the details of their legal qualifications. It is advisable to spend a little time looking into the qualifications they hold and what continuing education they completed. You will want a lawyer who stays current with all the changes and laws in real estate.
Check out the reviews online. It is equally important to see what previous clients say about the firm/lawyer you are considering hiring. You can see what others say about their services and professionalism by checking out their reviews. You can go through the bad reviews to determine if and how the lawyer responded to their concerns and tried to reconcile the problem.
Look at their billing options. Most people hire a lawyer or company based on their payment choices. You will also want to know what they charge for the different services they offer.
In the end, it’s important to keep in mind that finding the right residential real estate lawyer will help you get through buying or selling your home smoothly. With the help of these tips above, you can have peace of mind regarding how to hire a real estate lawyer who fits your requirements.
Are you looking for a law firm in Edmonton with several lawyers who practice in real estate law? Prowse Chowne LLP is a law firm that offers legal services regarding real estate, disputes, business litigation, corporate services, employment law, and more. Get in touch with us today to book a consultation!