Definition of a Real Estate Attorney

Lawyers are beneficial in any type of real estate transaction.
Lawyers are beneficial in any type of real estate transaction. (Image: House image by Gonçalo Carreira from

Real estate attorneys, or lawyers, are legal professionals who specialize in the legal aspects of buying and selling real estate properties. Lawyers can assist in many transactions associated with the transfer of property.


Purchasing a home can be a daunting task, especially for the first-time home buyer. A real estate attorney can help with almost every aspect of the purchase. A lawyer can help understand the purchase agreement, prepare and process all legal documents, review closing documents prior to signature and ensure that you receive valid registered ownership of the property.


Real estate attorneys essentially function in the same way when selling a property as purchasing one. They can help draw up legal documents, review any documents that require a signature, arrange for transfer of security deposits, and make the arrangements for insurance verification if necessary. Generally there are fewer duties for a lawyer to perform in the selling of a property than in the buying process.


Real estate attorneys are beneficial for a variety of reasons. They can help simplify the legal jargon of purchasing and selling documents and make the process much less stressful. Attorneys that specialize in real estate also help ensure that the client, whether buying or selling a property, is legally covered during the entire deal.


Real estate attorneys, like any legal professional, can often be pricey. Attorneys can differ in their pricing strategy. Some may charge flat fees for specific services, while others may charge by the hour. Often, real estate attorneys require payment regardless of whether the deal closes or not. Although retaining an attorney for real estate deals could be added expense, the benefits far outweigh the costs and could save money in the future.

Related Searches


Promoted By Zergnet


You May Also Like

  • Definition of Real Estate Operating Company

    A real estate operating company, also referred to as a REOC, is akin to a real estate investment trust, also known as...

  • Definition of a Real Estate Contract

    When buying, selling, exchanging or conveying real estate, the parties must enter into a real estate contract. The contract is usually agreed...

  • Definition of a Real Estate Lien Note

    Real estate liens are encumbrances placed on a property that could prevent it from being sold, or could put it as risk...

  • Real Estate Lawyer Job Description

    Real estate lawyers specialize in real estate transactions, overseeing property purchases and drawing up and reviewing contracts. Like all attorneys, real estate...

  • What Is a Transactional Paralegal?

    Transactional law focuses on transactions between people or corporations. Specialties in this area of law include bankruptcy, immigration, intellectual property, real estate...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!