Reasons Why You Should Use a Florida Real Estate lawyer

Homeownership. Whether alone ranch house, a millionaire’s mansion, a downtown condo, or the emblematic suburban house with a white picket fence, homeownership is an essential feature of the American dream. In order to achieve the dream of homeownership, the normal American must make the single largest financial investment of their lives. For example, in Florida, the average cost of a home in 2016 is approximately $224,000. It simply cannot be exaggerated; the decision to proceed with a purchase or to “take a pass” is an incredibly important one. Given that buying a home or other real estate is such a large investment, it is worth considering hiring an FL Real Estate Lawyers to guide you through your next real estate purchase. Here are four reasons why you should choose a real estate lawyer:

1. The Contract.

When you are looking to purchase or sell real property in Florida, you will be required to use a written contract. These are typically given by real estate agents, or if you are trying to sell by owner (“For Sale by Owner” or “FSBO” pronounced fizz-bow), maybe you will find an attempt to use a contract you find on the internet. The contract is the “law” of your transaction, and as such, if anything is missing, conflicting, or incorrect, there is a possibility for issues, a default, and even litigation. A normal contract form is a generalized document that is not tailor-made specifically for your transaction. If your particular transaction involves complicated terms or facts, remember that real estate agents and title companies are prohibited by law from drafting contracts, or providing legal advice to you. Only a licensed Real Estate Lawyer in Fort Lauderdale has the authority to draft a contract tailored to your transactional needs and give you legal advice regarding even the most “basic” contract form.

2. Experienced Legal Advice.

Florida attorneys are licensed to give opinions on legal issues, including explaining particular contract terms. Similar to the prohibition against real estate agents and title companies on drafting tailored contracts, they are also prohibited from providing their clients with explanations of contract terms and provisions, as this would include the unauthorized practice of law. Only licensed FL Real Estate Attorneys are trained, authorized, and licensed to dispense legal opinions on the terms of your real estate contract.