The real estate lawyer Ready To Assist You Any Legal Issue - PowerPoint PPT Presentation

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The real estate lawyer Ready To Assist You Any Legal Issue

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The real estate lawyer presents from the beginning to the end and paid the seller with all their problems. You can ask them any questions or ask for a solution to your problems related to the selling, and they will be more than happy to do that for you. The home sale process will become less worrying. – PowerPoint PPT presentation

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Updated: 5 April 2017
Slides: 11
Provided by: realestatelawyer
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Title: The real estate lawyer Ready To Assist You Any Legal Issue


1
Why You Need a Real Estate Lawyer When You Are
the Seller
  • After you plan to sell your home, you should hire
    a real estate lawyer to help you. You need their
    assistance in every step starting from the sale
    contract or agreement until the closing day. Here
    are the main sections where you will require them

2
  • Reviewing the agreement
  • Providing notice to tenants
  • Finishing the sale (few days before the end)
  • Obtaining certificates or dealing with documents
  • Providing legal assistance during the closing

3
(No Transcript)
4
Let us look at each of the sections in details.
  • The contract of selling is a legal document which
    comprises all the details about what you are
    selling, the cost, the closing, terms and
    conditions and other arrangements. You should
    have all the necessary information about the
    house and the price which your buyer is paying
    you. The conditions can include home inspection
    or financing. It is required before the agreement
    becomes requisite. The sale consists of the whole
    property along with any other items that are
    attached to it stained glass windows, wall
    bookcases, permanently attached light fixtures.

5
  • ou cannot just get rid of any of the attachments
    without mentioning it in the contract. Make sure
    you are providing a guarantee that all the
    equipment and other appliances are in good shape
    during the closing. If anything gets damaged
    ahead of the deadline, you are the one has to
    replace or fix it. The real estate lawyer will
    check everything in the contract.

6
Providing notice to tenants
  • If you have renters on your property, you should
    follow the Residential Tenancies Act. You cannot
    ask the one living in the rented place to leave.
    You should give them a notice before 60 days so
    that they can get a new place to stay. You should
    maintain all the laws and follow all the
    government rules and regulations related to
    tenancies or else that person can complain
    against you. The real estate lawyer will assist
    you with the notice of termination.

7
Finishing the sale
  • Before the closing, you have to communicate with
    the local utilities to get the meter readings on
    the day of closing. The house insurance should
    also be with you. The real estate lawyer will ask
    you to visit his or her office and sign the
    closing papers. You have to come along with the
    house key, pass cards for buildings, garage
    openers, etc. After you leave your property for
    the last time, you should lock everything. Carry
    along another important document such as your
    passport or license. The seller has to verify
    their identity before the sale transaction. There
    are a lot of other things to sign such as
    utilities till the closing date, tax papers,
    warranty, a statement mentioning the sale is
    exempt, the deed and other sale-related
    documents. The real estate lawyer will release
    the deed to the buyer for registration. If there
    is a mortgage, a part of the money will be going
    to the lender. The real estate attorney will
    teach you on what type of loans to take not to
    pay interests or pay the least amount.

8
Obtaining certificates
  • After you give listing data related to the
    property to the real estate agent or finish a
    sellers property information report, ensure that
    you are stating complete and correct details. You
    cannot hide any problems in your house because
    sooner or later it will expose itself. The
    homebuyer can sue you for that. You will need to
    get a status certificate if it is a condominium,
    therefore, pay an individual fee for that. You
    will get all the assistance you need requiring
    documents and certificates from your attorney.
    ChicagoRealEstateLawFirm.Com is an excellent
    option for you in case if you dont have an idea
    about the certificates.

9
Providing legal aid during closing
  • The real estate lawyer will be present from the
    beginning to the end and paid the seller with all
    their problems. You can ask them any questions or
    ask for a solution to your problems related to
    the selling, and they will be more than happy to
    do that for you. The home sale process will
    become less worrying.

10
Contact Us
  • Website https//www.chicagorealestatelawfirm.com/
  • Follow me on twitter https//twitter.com/RealEsta
    teLawF
  • Connect with me on linkedin https//www.linkedin.
    com/in/chicago-real-estate-law-firm-8b528911a
  • Like on FB https//www.facebook.com/ChicagoRealEs
    tateLawFirm
  • Follow me on G https//plus.google.com/u/0/10111
    8499268917414512/
  • Phone Number (312) 690-7306
  • Location Chicago, IL
  • Email glg_at_gordonlawltd.com
  • copyright_at_2017
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