Real Estate

Who Needs a Real Estate Lawyer?

Connecticut requires lawyers for real estate transactions. You need a lawyer for title insurance, a form of indemnity insurance that protects you from financial losses related to the title such as back taxes, liens, and conflicting wills. A lawyer is also necessary for Real Estate Cyber Liability Coverage. There are other ways that lawyers can assist with the overwhelming process of real estate transactions:

Buyers

A real estate lawyer coordinates with realtors, ensuring all contracts and documents are properly put together. We work with the mortgage company, providing all of the title work and title insurance required any time you buy a mortgage. At the closing, we assist with the exchange of money and documents and the actual title transfer.

Sellers

Real estate lawyers work with realtors to prepare and review the contracts. We prepare and execute the necessary documents to effectuate the transfer documents. As a seller, you can draft all of the selling and do the closing on your own but you are required by Connecticut law to have a lawyer to buy title insurance. We oversee the money and documents exchange as well as the transfer of the actual title.

Lenders

Real estate lawyers also represent lenders and creditors in commercial and residential mortgage issues. We assist lenders through the sale and closing process by negotiating contracts, resolving title issues, and addressing other property issues that may occur.

Refinancers

An attorney is required for the refinancing of real estate. This process can take anywhere from 30 to 60 days.

Frequently Asked Quesions