Real Estate Transactions and Disputes
Buying or selling real estate, whether a family home, vacation getaway, or a commercial property, is often a person’s largest financial transaction. Although real estate brokers, mortgage brokers, and title companies can all have important roles in a real estate transaction, they do not get paid unless the transaction closes, and the higher the price of the transaction, the more they get paid. Because they have a financial stake in the transaction, they cannot always be relied on to give unbiased advice. Real estate lawyers, on the other hand, do not have any financial stake in whether the real estate transaction closes or in the amount of the purchase price. Real estate lawyers, whether are representing buyers or sellers can give their clients unbiased advice. Because of their legal training, real estate lawyers have a better understanding of the law relating to real estate transactions than brokers or title companies. At Older Lundy & Alvarez, we have experienced real estate lawyers who can guide your through the intricacies of any type or size of real estate transaction.
Not all real estate transactions involve buying or selling a property. At Older Lundy & Alvarez, we are also experienced in preparing and reviewing mortgages, preparing and reviewing leases, creating land trusts, creating life estates and remainders, preparing “ladybird” deeds, facilitating 1031 exchanges, and determining the best way to take title to property. Older Lundy & Alvarez can help you structure your real estate deal.
While real estate sales can take place without the involvement of a lawyer, a real estate lawyer is usually necessary to help resolve real estate disputes, including disputes arising out of the acquisition, financing, development, construction, sale, management and leasing of real property. Whether the dispute involves interpretation of a contract, return of a deposit, resolving an easement issue, resolving a boundary dispute, adverse possession, clearing a cloud on the title, or foreclosing a mortgage, Older Lundy & Alvarez has lawyers who can help you find the most efficient solution to your problem. While we try whenever possible to find ways to resolve disputes quickly without litigation, Older Lundy & Alvarez has experienced real estate litigators who are comfortable with real estate litigation, no matter how complex.