What is a real estate lawyer's role in a real estate transaction?

A real estate lawyer plays an important role in any real estate transaction in California. The lawyer is responsible for ensuring that the transaction is conducted in a legal, ethical, and compliant manner. The lawyer will review the purchase agreement, research the property and title, prepare the closing documents, and work to protect the interests of their client. A real estate lawyer will ensure the buyer understands their rights and obligations before entering into a legally binding purchase agreement. This includes examining the seller’s disclosures, negotiating any amendments to the purchase agreement, and making sure the buyer is aware of any zoning, building, or other restrictions that may affect their use of the property. Once the purchase agreement is signed, the lawyer will review all closing documents and title searches, to make sure the closing process complies with all legal requirements. On closing day, the lawyer will review the documents again, and make sure all parties understand the agreement and are clear on their rights and obligations. They will also verify that all money has been deposited and that all other necessary paperwork is in order. Finally, a real estate lawyer will provide ongoing guidance and advice to their client throughout the transaction, ensuring that all legal matters are handled properly and that the buyer is protected. This allows the buyer to move into their new home with the peace of mind that they are in compliance with all applicable laws.

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What is a real estate lawyer's role in a real estate transaction?

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