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

A real estate lawyer’s role in a real estate transaction is to ensure that all legal aspects are taken care of so that the process goes smoothly. In Michigan, a real estate lawyer provides legal advice on contracts, deeds, title searches, mortgages, inspections, title insurance, title transfers, settlement, and other aspects of the transaction. The lawyer will review the contract to make sure all parties are protected and that all necessary information is included. They will also research the property to make sure that there are no legal liens or encumbrances on the title. They will ensure that all legal documents are filed correctly and that all fees, taxes, and other costs are paid. They can also provide advice on the best ways to handle the transaction and make sure that all parties involved are in agreement. During closing, the lawyer will review all the documents and ensure that they are signed correctly. They can also advise the buyer and seller if any changes need to be made before completion. They will also make sure that all the funds are properly disbursed to the correct parties. Real estate lawyers are an important part of any real estate transaction and are there to make sure that all parties have a successful and safe transaction. They provide a wealth of knowledge and ensure that everything is done according to the law.

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

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