Why You Need A Real Estate Attorney Even If You Have A Broker – Local Records Office

Why You Need A Real Estate Attorney Even If You Have A Broker – Local Records Office

Local Records Office – There are many costs to take into account in every property transaction. It’s only natural to question these costs and look for ways to save money. One way people try to reduce costs is by cutting down on the number of professionals they hire to help them complete the transaction. Two of these professionals often get confused with one another: the real estate broker and the real estate attorney says, Local records Office. Many buyers and sellers wonder if they need to hire an attorney if they have a broker. Even if it’s not required in your state, it’s always a good idea to hire an attorney every time you’re involved in a property transaction.

The Difference Between Real Estate Brokers And A Real Estate Attorney

Local records Office says, “The confusion over the services provided by the broker versus the attorney probably stems from the fact that most buyers enter into a property search with the knowledge that the broker is representing them”. While this is true, it is not completely accurate. The broker represents his or her clients in a property transaction by presenting and accepting offers and communicating with the other agent, the title company and even the lender. But brokers and agents are not lawyers. They do not have to hold a law degree in order to do their jobs and they are not permitted to give legal advice.
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