Real Estate Lawyer San Diego
Whether you’re considering building a home, selling a home, or purchasing a multifamily unit, a real estate lawyer San Diego can help you deal with the ins and outs of complex real estate law. There’s a lot that goes into every aspect of building, owning, or transferring a house, whether it’s your main home or an investment property. Find out how a real estate lawyer can be useful to you.
What Do Real Estate Attorneys Do?
Real estate attorneys specialize in real estate law and can advise you on everything from transactions to disputes. They stay up-to-date on local laws and changes to give you the best possible advice on your real estate sales and purchases. While this certainly applies to a finished home, it can also be applied to a custom home that is just being built. A real estate lawyer San Diego can help you acquire the right permits and apply for the right zoning in order to build your dream house, as well as help you craft the contracts that will make your vision a reality.
One of the most common jobs of a real estate attorney is preparing the documents related to your property transfer. These include purchase agreements, mortgage documents, title documents, and transfer documents. A real estate lawyer San Diego will always attend the closing with you to ensure that everything goes smoothly as you finalize the transfer.
If there is a problem with either the transfer of your home or with the property where you plan to build your custom home, a real estate lawyer San Diego can sort through the paperwork and fight on your behalf to address the issue. Some possible issues that can occur are:
Chain of Title Problems
A house title refers to all of the legal rights related to the ownership of a residential property. The chain of title is the historical transfers of that property’s ownership. So issues with the chain of title can include clerical errors, liens, illegal deeds, unknown heirs, and other problems that can jeopardize your ownership rights. A real estate lawyer San Diego can look into these issues and help protect you should any problems arise down the line.
While most real estate agents use the same contracts for each purchase, there is still the possibility for errors. One relatively common error is failure to fill out the contract completely, which can create confusion and delay the property purchase. Other problems can include not using one’s full name (i.e. “Richard” instead of “Rich”), combining names of spouses instead of listing them separately, not including a middle initial, using an incomplete address and property index number, incorrect or unreasonable closing or contingency dates, and more.
Lot Line Issues
If the property line is not clearly marked, this can cause issues in terms of building fences, recognizing easements, and even tree cutting. It’s important to be clear about lot lines to prevent disputes and ensure that your plans for your property can be carried out. If you run into real estate disputes of any kind, a real estate lawyer San Diego can help you resolve them through arbitration or litigation.
Most pieces of land are zoned as residential, commercial, or industrial. Residential zoning can be broken down into a variety of subcategories, and there are also mixed zoning possibilities. When purchasing a property, you want to be sure that your goals for that property align with the zoning designation. If they do not, then you’ll want to contact a real estate lawyer San Diego to help you apply for the proper zoning and entitlements. This can also play an important role in your purchasing contract in terms of contingencies to include and the length of time for approval.
A real estate lawyer San Diego will also perform due diligence for your real estate transaction prior to purchasing. This means that they will investigate the property and property’s location both physically and financially to ensure that it is a sound investment. A home is an important investment and you do not want to end up in an area that can hurt that investment or decrease the value of your property over time.
If you’re planning on purchasing a property, selling one, or building your dream home, contact us at Stryker Slev Law Group in order to discuss your goals and get the best advice as you make these important real estate decisions. It’s always good to have someone who knows the law and stays up-to-date on real estate matters by your side when taking on such a large investment. You don’t want to be stuck with a property that you regret buying or run into countless problems as you build your custom home, so reach out to us for a consultation today.