Real Estate Transactions
The Ofori Law Firm, LLC. Real Estate Attorney
When a buyer purchases real estate from a seller, and a deed is transferred, it is called a real estate transaction. Real estate transactions are governed by federal statutes, but vary by state. Maryland state statutes and common laws cover legal issues pertaining to the financing, leasing, and selling of real estate properties.
Real Estate Deeds
A deed is a legal document that transfers the ownership of property from the seller to the buyer. A real estate transaction is not considered complete until the buyer receives the deed to the property they are purchasing. A finished deed includes the names of the buyer(s) and seller(s), a description of the property being sold, and the signatures of the buyer(s) and seller(s).
"Deeds must always be in writing and follow the criteria set forth by Maryland real estate statutes."
Real Estate Transactions Attorney
Real estate transactions can quickly become complicated and complex. The real estate transactions process involves confusing paperwork and numerous legal issues. Without real estate law knowledge and experience, a buyer or seller may have a difficult time.A real estate transaction attorney can help you with:
- Reviewing Legal Contracts
- Drafting Legal Paperwork
- Residential and Commercial Property Transactions
- Lease Agreements
- Reviewing Sales Contracts
- Drafting Sales Contracts
- Landlord and Tenant Transactions
This is why it is beneficial to speak with a skilled real estate transactions attorney. An attorney can provide legal guidance and help you draft important documents. By working with a real estate attorney, you can save much time and frustration when completing your residential or commercial transaction. In addition, a real estate transactions attorney can protect you from making costly financial errors.
If you need help with your Maryland real estate transaction,
contact the reputable attorneys at Ofori Law Firm, LLC.