Real Estate Law Firm in Daphne, AL
Real estate matters are often complex and come with significant financial implications. Whether you are buying or selling property, the purchase or sale is a major transaction that deserves the attention of an experienced and dedicated attorney. Stone Crosby, P.C. is honored to serve clients across the state of Alabama in all residential and commercial real estate matters.
If you are a seller, our firm will work tirelessly to ensure that you are getting the most out of your sale. If you are a buyer, we will work to protect your rights and interest through the purchasing process. For those involved in residential and commercial landlord-tenant matters, face foreclosure, or any other property matter, our firm is ready to help. Contact Stone Crosby, P.C. for a consultation to discuss your legal matter and learn how we may be of service to you.
What Does a Real Estate Attorney Do for the Buyer and the Seller?
Buying or selling a home or another type of real estate property can become a very complicated transaction, and this is why it is always a good idea for sellers to work with an experienced real estate attorney. Attorneys work closely with both buyers and sellers to help them navigate the complexities of the process while ensuring that their best interests are fully protected. There are a number of different tasks that attorneys often perform for sellers, including:
Drafting and Preparing Legal Documents
A real estate attorney can draft and prepare the various legal documents that will be involved in the transaction and do so in a way that ensures your interests are protected. This may include the real estate purchase contract and deed.
Negotiating the Terms and Conditions of the Transaction
Sellers and buyers may have disagreements over details of the transaction, such as how much earnest money is needed, what date they need to close by, and other issues. Sometimes, seemingly insignificant details that are unaddressed can result in bigger problems later on. An experienced real estate attorney will be able to identify potential issues early in the process and negotiate the most favorable terms and conditions for their client.
Minimizing/Resolving Transactional Disputes
During a complex transaction like the sale of real estate, disputes can arise. With a skilled attorney preparing documents and negotiating terms and conditions on your behalf, the chances of a major dispute are minimized. Examples of disputes in a real estate transaction include failure to disclose various types of property defects, title issues, and many others. Your attorney can work with the other party or their legal counsel to resolve disputes in a way that is satisfactory for all parties involved.
Providing Legal Representation in Court When Necessary
While it is generally in the best interests of all parties involved to resolve any disputes without having to go to court, there are times when litigation is the best or maybe only viable path forward. In such cases, having strong legal representation is invaluable.
Providing General Transactional Advice
After an initial purchase agreement is signed, there are typically several weeks or even a few months before the parties close the sale. During this time, the real estate attorney can answer questions that come up and help resolve any unexpected legal issues that might arise.
There are also some more complicated circumstances during which a real estate attorney can be especially helpful or necessary. These include:
- Property Liens: If there are any outstanding liens on the property that you are trying to sell, a real estate attorney can help resolve these issues and clear the way toward a successful transaction.
- Joint Sales: Selling a property that you own with someone other than your spouse adds a layer of complication as there are multiple owners whose interests must be considered and addressed. When there are multiple sellers, it is generally best for each seller to have their own legal representation.
- Sales of Estate Property: Selling property owned by a decedent’s estate may involve several unique issues depending on the circumstances including probate, creditor claims, interests of heirs/beneficiaries, and related matters. A real estate attorney can help you effectively deal with the issues that commonly come up with this type of transaction and, in such cases, it is especially wise to work with a firm that also has extensive experience handling estate and probate matters.
Stone Crosby, P.C. is honored to serve a range of clients. Those clients include landowners developing or selling their property, purchasers from out of state requiring assistance with their transaction, investment groups, and homeowner and condominium owner associations. We also represent clients with commercial and residential leases, easements, licenses, purchase agreements, and options. Our firm has significant experience handling real estate matters, including:
- Residential purchases and sales of houses, cooperative and condominium apartments
- Sales and purchases of commercial properties
- Landlord-tenant disputes, including evictions
- Insurance coverage issues
- Purchase financing, including mortgages, refinancing, modifications
- Commercial lease agreements
- Lease assignments and subleases
- Section 1031 property exchanges
- Real estate broker issues
- Real estate litigation
Contact Stone Crosby, P.C.
Our firm handles all real estate transactions with the same attention and dedication. Whether you are involved in a commercial transaction worth millions of dollars or face foreclosure, you deserve the same effective legal services. Stone Crosby, P.C. represents clients across the state of Alabama, working closely with them to develop a personalized approach to their legal issue. If you need an attorney or believe our firm may be a good fit, please contact Stone Crosby, P.C. for a consultation to discuss your legal matter.