Long Island Real Estate Lawyers Providing Counsel for Land Transactions
If you have ever been involved in a real estate transaction, you already know that it can be complicated, time-consuming, and stressful. It is a high-pressure situation that involves several parties and a lot of moving parts to keep track of.
There are stacks of paperwork to read through and sign, and these transactions usually involve large amounts of money, which means the stakes are high. And that is why it is important to ensure that you have knowledgeable legal representation who can guide you through each step of the process.
Whether you are interested in commercial or residential real estate, MontanaroLaw P.C. can help you with everything from purchase contracts to leasing disputes. We know how important it is to have a good attorney-client relationship, and we work hard to provide our clients with the practical counsel they need and the effective solutions they want.
To get more information on what real estate services we provide and the areas we serve, contact us today. We offer free consultations so you can make sure our firm is a good fit for your needs.
What Are Real Estate Attorneys?
Real estate attorneys are lawyers who have passed the state bar exam and provide counsel and services to clients related to any and all real estate transactions. This may include purchase and sales contracts, lease agreements, or mechanics’ liens. Real estate lawyers often work in both commercial and residential real estate.
Keep in mind that a real estate attorney is not a substitute for a real estate agent and that both of these professions are an important part of your support team during real estate transactions.
What Can a Real Estate Attorney Help With?
Real estate attorneys can help with anything related to residential real estate transactions, including the real estate contract, real estate closings, and title searches. At MontanaroLaw P.C., our Real Estate Practice Group serves clients through our experience in real estate development, entity formation, acquisition, finance, leasing, and construction law. We provide legal services, advice, and coordination for sophisticated real estate transactions involving everyone from individual homeowners to real estate developers and entrepreneurs.
We counsel property owners, general contractors, and subcontractors in connection with residential and commercial buildings, filings, discharges, and litigation of mechanics’ liens. Our attorneys also practice landlord and tenant representation of clients in lease and sublease transactions and advise clients relative to landlord-tenant disputes and litigation.
How Much Do Real Estate Lawyers Charge?
How much an attorney charges to provide counsel on a real estate matter depends on the individual law firm. Many routine services, such as reviewing closing documents or communicating with the seller’s attorney, are done on a flat fee basis. More involved transactions may be charged as a percentage of the purchase price.
It is always a good idea to discuss the fee amount and terms with any lawyer you are considering before hiring them. At the law firm of MontanaroLaw P.C., we offer our clients a free consultation so they can better understand how we can help and what they can expect when it comes to fees.
How Do Real Estate Lawyers Help With Buying or Selling Property?
Real estate lawyers help during real estate sales and purchases by ensuring that all of the documents are accurate and reflect the parties’ intentions and the state laws. Real estate lawyers may also work with the title company as part of the title search process.
Buying or selling a house comes with a lot of paperwork, from the purchase agreement and title documents to the closing packet and mortgage itself.
A lawyer can be an invaluable part in guiding you through these steps and explaining all of the information in an easily accessible way.
For example, a Queens real estate attorney may perform the following services:
- Help draft a purchase agreement
- Answer questions involving the local and state laws and regulations surrounding residential real estate transactions
- Ensure that the contracts meet the legal requirements and are clear and accurate
- Work with the real estate agent to protect the client’s interests
- Help clients understand their obligations for property taxes
- Communicate with the other party’s legal counsel
- Attend the closing
Is Leasing Part of Real Estate Law?
Leasing is an important part of real estate law, as it involves creating and executing lease contracts as well as dealing with legal disputes between landlords and tenants. Our landlord and tenant clients rely on us for effective and practical representation in leasing transactions.
We provide our clients with sophisticated, cost-effective counsel in both large and small leasing transactions. We take pride in drafting and negotiating leases.
We maintain relationships with real estate professionals that keep us apprised of local and state decisions, laws, and regulations so that we can stay at the forefront of the industry at all times.
Do I Need a Real Estate Lawyer?
While it is not required by NY law to have a real estate lawyer, it is always a good idea. If you are buying or selling a property, a real estate attorney can ensure that the contracts are accurate and that everything required to be legally binding is included.
Your attorney will also provide legal counsel on whether the real estate contract is reflective of your interests. If it is not, they can help you draft a new version.
Real estate lawyers are also especially beneficial for real estate transactions involving leasing. When you are a landlord, you rely on your tenants to uphold their part of the lease and take care of your investment, but this doesn’t always happen. When an issue arises, it is better to already have a real estate lawyer you are familiar with and who is ready to help.
The MontanaroLaw P.C. Difference
At MontanaroLaw P.C., we strive to ensure that we check all the boxes you are looking for when you are searching for real estate lawyers. We provide open and honest communication, focus on the attorney-client relationship, and have the experience to guide you from offer to closing. We work with both buyers and sellers and are knowledgeable about the business aspects of leasing and commercial real estate.
If you are looking for a real estate attorney in the greater Long Island area, contact our team at MontanaroLaw P.C. by calling (516) 809-7735 today. You can schedule a free consultation to learn more about our services and what sets us apart from other firms.