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Real Estate Transactions and Boston, MA Lawyers: What to Know

a year ago
131

When it comes to real estate transactions in Boston, MA, working with a knowledgeable lawyer is crucial. Boston has specific laws and regulations that govern real estate transactions, and having a lawyer who is familiar with these intricacies can help protect your interests and ensure a smooth process.


One important aspect to consider is the role of a real estate lawyer in reviewing and drafting contracts. They can help you understand the terms and conditions of the agreement, negotiate on your behalf, and ensure that the contract is fair and legally binding. For example, if you're buying a property in Boston, your lawyer can review the purchase and sale agreement to ensure that it includes all necessary contingencies, such as a satisfactory home inspection or obtaining financing.


Another key role of a Boston real estate lawyer is conducting a title search. This involves examining the property's title history to identify any potential issues or encumbrances that may affect your ownership rights. For instance, if there are any existing liens or easements on the property, your lawyer can advise you on how to address these issues or negotiate with the seller to resolve them before closing the deal.


Furthermore, a Boston real estate lawyer can guide you through the closing process. They can review all closing documents, explain any legal jargon, and ensure that everything is in order before you sign. They will also coordinate with other parties involved, such as the seller's lawyer, the lender, and the title company, to ensure a smooth and timely closing.


References:

  1. Boston Bar Association. (n.d.). Real Estate Law. Retrieved from https://www.bostonbar.org/membership/publications/article-detail?ID=5307
  2. Massachusetts General Court. (n.d.). Chapter 183: Section 6B. Retrieved from https://malegislature.gov/Laws/GeneralLaws/PartII/TitleI/Chapter183/Section6B

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