You are not required to have one, but you should have one.
There are a number of important tasks that we, as experienced Ohio real estate lawyers, perform. First and foremost, is the contract. Most non-lawyers don’t know the complexity and pitfalls of all the potential contract issues that could be avoided with a well-drafted contract that protects the seller’s interests. We have seen many situations where sellers have been handed a document from a real estate agent or the buyer’s attorney that would have been very detrimental to the seller had they signed the agreement as it had been drafted., Further, if there is a problem at a closing for a seller and they have an attorney at the closing, the attorney can help resolve the problem without it negatively effecting the seller’s interests.
We can help sellers of real estate review the contracts, we make sure that you get the funds and when you get them, and take you through a process that is not nearly as straightforward as a layperson may think.
If you are a buyer of real estate, your need for a lawyer is greater and our fees are often higher, but there are certain protections that you want as a seller because you want to make sure you get what you are entitled to at the end of the day.
So, even if you are a seller of real estate and decide to handle everything without legal representation, we strongly recommend that you at least have an experienced Ohio real estate lawyer review your documents before you sign anything.
Learn more about real estate in Columbus, Ohio.