The purchase or sale of real estate is usually the largest single transaction an individual engages in during his or her lifetime. Likewise, the potential for disaster without experienced legal advice is essential in protecting a client in these circumstances.
Whether you are a seller or buyer, the transaction is governed by the contract between the parties, not assurances, assumptions or other non-binding terms. It is essential that the form of contract be reviewed before signing-even in circumstances of a residential real estate contract drawn by a realtor and subject to “Attorney Review.” The entire transaction process has numerous obstacles and potential pitfalls that require full review and discussion so that there are no surprises somewhere “down the line.” This is even more evident in commercial real estate transactions where there is no right to Attorney Review and the parties are bound by what they sign. There is also issues unique to commercial real estate that makes careful review and negotiation even more important.