Under Connecticut law, nearly all residential real estate transactions (for buyers and sellers) require legal representation. For example, in closings that involve title insurance, you are required by law to use counsel.
Since you will probably need to work with a representative anyway, it makes sense to take full advantage of the benefits such an alliance can provide. The sections below contain several examples of the many ways legal counsel can help when buying or selling residential real estate.
Perhaps the most valuable advantage of representation is the security of having someone to look out for your best interests during residential real estate closings. Since this will be your final chance to ensure every detail is addressed, the experience and knowledge of a professional offer irreplaceable benefits.
Address complex title issues
A title search can reveal issues that could prevent the legal sale of the property. Real estate-focused representatives can perform this task faster and more thoroughly than the average citizen. If the title search uncovers problems like a lien or judgment against the property, your representative can recommend the most prudent next steps.
Document preparation and review
If the paperwork involved in a real estate transaction contains errors or lacks required information, it might interfere with the purchase or sale. The professional preparation and review of all documents related to your real estate deal prevent errors from arising.
Whether preparing to buy or sell a home, all residential real estate transactions must comply with Connecticut’s complicated legal requirements. Learning more about the law ensures the smooth and timely flow of all your transactions.