Do you need a real estate attorney in the US?
Some states require an attorney to conduct or take part in a residential closing. In others, title companies or escrow agents usually handle closings. Even where it isn't required, a lawyer is valuable for reviewing purchase contracts, for-sale-by-owner deals, commercial property, title problems and disputes.
Questions to ask a real estate lawyer
- Are you on my lender's approved list?
- What does your fixed fee leave out, such as searches, registration fees or a leasehold supplement?
- Who will deal with my file day to day, and how quickly do you answer enquiries?
- What problems do you see most often with properties like this one?
Frequently asked questions
How do real estate attorneys charge?
Many charge a flat fee for a residential closing and hourly rates for disputes or commercial work.
When should I hire a property lawyer?
Ideally before you sign any binding contract or pay a deposit.