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    Reasons you should get a Lawyer when buying properties.

    Posted by Faruk on April 9, 2019
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    Reasons you should get a Lawyer when buying properties.

    Buying property/properties is a lifetime investment.

    However, the importance of owning a property cannot be overemphasised.  It’s a consolation of a long hustling and bustling.

    In other words, Franklin D. Roosevelt said “Real estate cannot be lost or stolen, nor can it be carried away.

    Consequently, purchased with common sense, paid for in full, and managed with reasonable care. It is about the safest investment in the world.”

    Absolutely it is true.

    In addition, after carrying the research for any landed property you wish to buy. It is advisable to involve a legal team.

     

    Reasons why you should get a Lawyer when buying property

     

    Firstly, let us give you an insight into what a lawyer will do for you.

    Real estate attorneys are professionals who specialize in and apply their legal skills to, matters related to property, from everyday transactions to disputes.

    A real estate attorney is equipped to prepare and review documents relating to real estates.

    such as purchase agreements, mortgage documents, title documents and transfer documents.

    Similarly, Real estate attorneys also often handle closings – that is, when an individual or entity purchases a piece of real property from another person or entity.

     

    Moreover, a legal team shouldn’t be a thing to shy away from.

    They ain’t so expensive and it is good to hire one to avoid stories that touch the heart.

    Further, I present to you reasons you should get a Lawyer when buying properties.

    1. Conducting search and due diligence on properties on behalf of clients
    2. Advising on property finance and mortgages
    3. Reviewing and drafting of deeds of assignment, leases, and tenancy agreement
    4. Management of estate including recovery of premises
    5. Perfection and registration of title at the land registry
    6. Advising on property acquisition for development
    7. Advising and litigating in all property related matters

    You see the reasons you should get a lawyer when buying a property is a wise thing to do.

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