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If you deal in the real estate business, you should hire a real estate attorney. A real estate attorney can help you with a landlord-tenant relationship, help you get out of a lease, and even deal with legal issues stemming from real estate transactions.
Real estate attorneys help real estate professionals (sellers, buyers, developers, and their agents) buy and sell real estate, lease buildings, draft real estate documents, approve the documents, and resolve disputes. They also help in tax planning and the management of the real estate.
The cost to hire a real estate attorney varies significantly depending on the scope of work and the experience of the lawyer. Generally, real estate attorneys charge an hourly rate that usually falls within the range of $150–$350 per hour, though some lawyers with more expertise may be more expensive. Additional costs may include travel expenses and court costs if they are necessary. Furthermore, real estate attorneys often require a retainer before beginning work and bill clients periodically as work is completed. When considering fees charged by real estate attorneys, it is important to look at the entire package to determine whether it provides quality legal services within your budget.
You need a real estate attorney when buying or selling a house or dealing with real estate contracts. A real estate attorney will make sure you are aware of your rights and that you are protected from any real estate scams. A good real estate attorney will know the real estate laws in your state and can help you do everything from buying a house to selling your existing property.
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