Real estate in Mississippi can unexpectedly include numerous complex laws, which are difficult for the average property owner to parse on their own. You can receive experienced legal assistance when you contact a Hattiesburg, MS, real estate lawyer. They can advise you on any concerns you may have regarding property rights and ownership.
Berry Law Firm is a legal practice serving clients throughout Forrest County. Our attorney can help you with many different real estate law matters. These include:
We’re also qualified to handle estate planning and family law cases, which can often include several legal processes involving real estate.
Real estate dealings don’t always require legal counsel. However, when a situation involves complex legal knowledge, obtaining authorizations, litigious disputes, or excessively delayed proceedings, you can greatly benefit from consulting a qualified real estate attorney. Here are some common legal issues that a seasoned real estate lawyer can help you with:
A real estate contract is a legally binding and enforceable document that details the specific terms for the sale of a piece of property. Within the closing process of a real estate sale, the prospective buyer and seller of the property must agree on the terms of the contract in addition to any conditions included in it. Typically, a real estate contract will contain:
The potential buyer of a property is allowed to terminate their contract and withdraw their offer to purchase it without suffering any penalties. However, this is only the case if the buyer does so within three days of receiving the disclosure statement. To cancel a contract, the buyer must provide written notice to the seller, and, upon retracting their offer, the party will also get their deposit back.
Real estate lawyers in Hattiesburg, MS tend to charge an hourly rate, and the total cost of their services will depend on what the client needs assistance with. Some real estate cases are relatively simple and primarily require the attorney to review some documents and perform other procedural duties.
However, other issues that are likely to take a fair amount of time, such as real estate litigation, typically entail extensive work on the part of the attorney, so the total costs will reflect that.
Yes, Mississippi is among the many states that are attorney-closing. In real estate, attorney-closing means that an attorney must be physically present during all proceedings regarding the selling, buying, or refinancing of a property. The purpose of these laws is to protect individuals with minimal legal knowledge from entering into poor real estate deals.
In Mississippi, attorneys are required for all real estate transactions. While probate doesn’t typically involve real estate transactions in the traditional sense, you should still retain an attorney for probate. Similar disputes may arise during probate, such as proper ownership of certain real estate.
Probate, the legal process of settling a deceased person’s estate, may involve real property, which warrants having an attorney present. Regardless, an attorney is required to advise the administrator of the estate.
Refinancing a mortgage in Mississippi means paying off your current home mortgage loan by taking on a new one. This option may not be ideal for everyone, so it’s recommended that you meet with a real estate lawyer about the prospect before jumping into the process. Potential benefits of refinancing include obtaining a lower interest rate and monthly mortgage payment, along with shortening the duration of your home mortgage loan.
Mississippi law requires that a trained legal professional be present during the closing of any real estate transaction. Not only is an attorney’s presence warranted for procedural reasons, but a real estate lawyer is there on your behalf to guide you through the complex process and ensure that you’re aware of all the legal consequences of a sale.
Many real estate transactions are relatively simple, and you won’t require the services of your attorney beyond closing day. However, it’s wise to retain an experienced real estate lawyer if any issues arise after the purchase process is complete—whether you’re the seller or the buyer.
At Berry Law Firm, we can help you with all your real estate legal needs—no matter how simple or complex they may appear. Our firm can assist you with closing a deal, contentious litigation proceedings, or refinancing a mortgage, among many other issues you may be facing. Contact our office today to speak with an experienced real estate attorney.
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