Dutchess County Real Estate Attorney Natalia Sishodia Explains The Role Of A Real Estate Lawyer In A Real Estate Transaction
Dutchess County real estate attorney Natalia Sishodia (https://sishodia.com/real-estate-attorney-dutchess-county-ny/) releases a new article that explains what a real estate lawyer’s role is in a real estate transaction. The lawyer mentions that real estate can be exciting, but it can also be overwhelming especially for new buyers or sellers of real estate properties. New York has some of the most complex real estate laws in the country.
According to the Dutchess County real estate attorney, “A real estate lawyer is a legal professional who deals with the purchase and sale of real property. The attorney has different roles depending on whether they are representing the buyer or the seller, ranging from preparing and reviewing the contract and all transfer documents to legally resolving any problems.”
The lawyer explains that whether someone is a buyer or a seller, they need an experienced lawyer to guide them through the transaction. Having a lawyer may help the client understand their rights and responsibilities in the contract. The real estate attorney may also help the client understand complex jargon and guide them in making the best decision.
Attorney Sishodia mentions that the role of a real estate attorney is integral in any real estate transaction. It may be customary for the seller’s real estate attorney to prepare the contract, but the buyer’s attorney will review the terms and ensure that the contract is comprehensive. The buyer’s attorney will also have to ensure that the contract is safe for their client to sign.
In the article, the NYC real estate attorney discusses that a real estate attorney will guide their client in all the matters regarding the real estate transaction, help them understand all the required disclosures, advise the client concerning any tax issue or capital gains, and guide the client towards a seamless and smooth transaction.
Furthermore, attorney Natalia Sishodia explains that a buyer’s attorney will review the contract first and note any changes that are necessary for the benefit of their client. Once both parties sign the contract, a down payment must be made and held in escrow by the seller’s lawyer or representative. In scenarios where the buyer walks away from the transaction, they may lose the deposit. This is something that the buyer’s attorney must inform the buyer about.
Lastly, attorney Sishodia emphasizes that it is very important to seek the help of an experienced real estate attorney when dealing with real estate transactions. Having the help of a skilled lawyer may help the client understand their rights and responsibilities in the contract and help prevent them from losing assets.
About Sishodia PLLC
Sishodia PLLC’s team of professional NYC real estate attorneys pride themselves on their ability to navigate complex investment laws and intricacies to offer the most comprehensive advice and guidance possible for their clients. The lawyers at Sishodia PLLC take time to fully understand each client’s unique goals and circumstances, minimizing potential risks and issues. Call them today at (845)-315-5260 for a consultation.
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Sishodia PLLC | Real Estate Attorney and Estate Planning Lawyer
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