The real estate lawyer will be present from the beginning to the end and paid the seller with all their problems. You can ask them any questions or ask for a solution to your problems related to the selling, and they will be more than happy to do that for you. The home sale process will become less worrying.
Please contact us now, and we are ready to answer all of your real estate related queries!
Website: https://www.chicagorealestatelawfirm.com/
Address: 180 N LaSalle Suite 3700B Chicago, IL 60601
Business Hours- Mon-Fri: 8:30 am - 5:30 pm
Phone: 312) 690-7306
Email: glg@gordonlawltd.com
Visit and Follow us on our Social Media Sites
Twitter: https://twitter.com/RealEstateLawF
Google Plus: https://plus.google.com/u/0/101118499268917414512/
Facebook: https://www.facebook.com/ChicagoRealEstateLawFirm
Linkedin: https://www.linkedin.com/in/chicago-real-estate-law-firm-8b528911a
Instagram: https://www.instagram.com/chicagorealestatelawfirm/
Why You Need a Real Estate Lawyer When You Are the Seller
1. Why You Need a Real
Estate Lawyer
When You Are the Seller
2.
3. After you plan to sell your home, you should hire a real estate
lawyer to help you. You need their assistance in every step
starting from the sale contract or agreement until the closing
day. Here are the main sections where you will require
them
•Reviewing the agreement
•Providing notice to tenants
•Finishing the sale (few days before the end)
•Obtaining certificates or dealing with documents
•Providing legal assistance during the closing
4. Let us look at each of the sections in details.
Reviewing the agreement
The contract of selling is a legal document which comprises all the details about what you are
selling, the cost, the closing, terms and conditions and other arrangements. You should have all the
necessary information about the house and the price which your buyer is paying you. The conditions
can include home inspection or financing. It is required before the agreement becomes requisite. The
sale consists of the whole property along with any other items that are attached to it: stained glass
windows, wall bookcases, permanently attached light fixtures. You cannot just get rid of any of the
attachments without mentioning it in the contract. Make sure you are providing a guarantee that all
the equipment and other appliances are in good shape during the closing. If anything gets damaged
ahead of the deadline, you are the one has to replace or fix it. The real estate lawyer will check
everything in the contract.
5. Providing notice to tenants
If you have renters on your property, you should follow the Residential Tenancies Act. You
cannot ask the one living in the rented place to leave. You should give them a notice before 60 days
so that they can get a new place to stay. You should maintain all the laws and follow all the
government rules and regulations related to tenancies or else that person can complain against you.
The real estate lawyer will assist you with the notice of termination.
Finishing the sale
Before the closing, you have to communicate with the local utilities to get the meter readings on the
day of closing. The house insurance should also be with you. The real estate lawyer will ask you to
visit his or her office and sign the closing papers. You have to come along with the house key, pass
cards for buildings, garage openers, etc. After you leave your property for the last time, you should
lock everything. Carry along another important document such as your passport or license. The seller
has to verify their identity before the sale transaction.
6. Obtaining certificates
After you give listing data related to the property to the real estate agent or finish a seller’s
property information report, ensure that you are stating complete and correct details. You
cannot hide any problems in your house because sooner or later it will expose itself. The
homebuyer can sue you for that. You will need to get a status certificate if it is a condominium,
therefore, pay an individual fee for that. You will get all the assistance you need requiring
documents and certificates from your attorney. ChicagoRealEstateLawFirm.Com is an
excellent option for you in case if you don’t have an idea about the certificates.
Providing legal aid during closing
The real estate lawyer will be present from the beginning to the end and paid the seller with all
their problems. You can ask them any questions or ask for a solution to your problems related to
the selling, and they will be more than happy to do that for you. The home sale process will
become less worrying.