What is the difference between a real estate lawyer and a real estate broker?

A real estate lawyer and a real estate broker are two different professionals involved in residential real estate law in Alaska. A real estate lawyer is a licensed attorney who specializes in real estate law. He or she can provide legal advice and guidance related to the buying, selling, and leasing of residential property. This includes helping to craft and review contracts for real estate transactions, handling title disputes, and ensuring that all documents are in compliance with local and state laws. A real estate broker, on the other hand, is a licensed professional who helps people purchase and sell residential property. A broker typically holds a real estate license issued by the state of Alaska and works as an intermediary between buyers and sellers, negotiating key aspects of the sale such as price, payment terms, and closing costs. While a real estate broker may provide advice on the purchase or sale of a home, they are not legally qualified to provide legal advice. Therefore, a real estate broker’s primary role is to help facilitate transactions between buyers and sellers.

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What is the difference between a real estate lawyer and a real estate broker?

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