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How can an attorney help when building real estate?

On Behalf of | Jun 17, 2022 | Real estate transactions

If you’re getting ready to build a new property as your new home, it’s helpful to have an attorney on your side to help. There are many aspects of a new build that you will need to review, and there will be at least one, if not many contracts for you to go over.

Before you sign a purchase agreement or agree to changes throughout the build, it’s helpful to have someone on your team to help you go over the details and make sure that the agreements you’re signing are in your best interests.

A real estate attorney helps with many aspects of your case

Real estate attorneys help with many aspects of cases like yours such as reviewing documents, assisting with disputes and going over laws or regulations that may influence the purchase.

For example, if you run into a boundary dispute while your new home is being built, you may want to look into several options for resolving the dispute. Doing this can help you move forward with the build sooner and eliminate the risk of issues with your neighbors in the future.

Similarly, if you run into issues with your contractor, you will want to know what options you have. For instance, can you ask for compensation if the build takes longer than expected? What can you do if there is a defect or problem with the build? These are all questions that you can have answered after your attorney reviews your contracts and helps with negotiating.

Real estate is a complex industry, but you deserve support

Purchasing a new home is one of the most costly things people do in their lives, so it’s reasonable to ask questions and get help when it’s needed. It’s reasonable to work with an attorney from the start of your home search or when you decide that you’d like to buy property to build on. From the beginning, an attorney can help you sign only the contracts that are protective and beneficial to you, so you limit the risks you face as well as the chances of ending up in a serious dispute.