In Connecticut, an attorney should be present and actively involved in any real estate transaction that takes place. This is required by law for a couple of reasons. The first is that it helps protect the buyer and seller against litigation by making sure all laws are...
The Experience You Need
Real Estate Law
Check that the home you wish to buy does not have a mechanic’s lien
Title checks are one of the most important things an attorney can do when you look to close on Connecticut real estate. Without it, you could end up wasting time and money on a property that the would-be seller does not have the legal right to sell. Mortgage lenders...
Protect yourself with title insurance or a warranty
If you’re buying a new home, one thing you should have is title insurance. Title insurance covers any issues with the home that the title company doesn’t catch during the home-buying process. For example, if you find out that there were filing errors, back taxes due,...
Why it’s wise for an attorney to review your closing documents before you sign
Closing on your new home is a complicated process that involves dozens of pages of paper, multiple signatures and many professionals. You're committing yourself to a purchase that could impact your life for decades. You want to know what you're paying for and why....
Some signs that a mortgage lender might not be legitimate
Most mortgage lenders are honest, and they provide consumers with an important service. However, there are some lenders who look for uninformed or inexperienced home buyers so that they can take advantage of them. These predatory lenders are only out to make a quick...
How does due diligence look in a commercial purchase?
In a merger or acquisition, buyers have a responsibility to perform thorough and keen due diligence before moving forward. A commercial purchase will always come with a financial risk. But the risk increases exponentially if you, as a buyer or representative, do not...
Understanding what makes a good construction contract
Especially if this is your first major project—whether as a property owner or as a real estate developer—you may find yourself wondering what goes into a thorough construction contract. After all, it would not bode well for your building or development plans to come...
