Document Prep
Document Prep Lawyer in Sebastian
When it comes to preparing documents for a real estate transaction, it is critical to prepare them accurately and on time. At Lulich & Attorneys, a document prep lawyer in Sebastian can prepare your real estate documents and ensure they get delivered on time for closing.
Our team has worked in the real estate law field for many years, and we know the documents you need for your real estate transaction. We can guide you through the entire process, so you can feel confident about your next steps.
Our Attorneys Can Prepare Your Documents for Closing
Our team at Lulich & Attorneys has the skills and knowledge needed to prepare documents for your real estate transaction. Having an attorney draft your documents ensures they get filed correctly the first time, saving you time, money, and frustration. Additionally, not only can we prepare and review your documents, but we can also deliver them to their destination.
Our real estate attorneys know how to prepare and review the documents related to the sale and purchase of the property.
Benefits of Having an Attorney Prepare Your Real Estate Documents
There are many benefits to having an attorney prepare your real estate documents. Once a closing happens, any small error could cost you a lot of money and cause other complications. A real estate attorney can review each document to make sure there are no errors.
Other benefits of having Lulich & Attorneys prepare your real estate documents include:
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We can explain what everything written in the document means in a way that you can understand. That way, you don’t accidentally agree to something you didn’t know about.
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We can review all other documents involved in the transaction. If someone else has written up documents regarding the sale, we can review them for accuracy and completion. We can also inquire about something that seems wrong in the documents on your behalf.
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We can file all necessary paperwork. Once we prepare the necessary documentation and have reviewed it, we can file it within the appropriate deadline. After the paperwork gets filed, you can buy or sell a property.
Our lawyers have solved legal issues for Sebastian residents for over 35 years. Working in the legal field for that period has given us the skills and knowledge needed to navigate complex legal issues. Not only can we prepare documents for your real estate transaction, but we can also represent you in all related legal matters. We are also an attorney-led title company, which means we handle real estate closings and issue title insurance.
We Offer No-Obligation Evaluations Where We Can Discuss Your Options
At our firm, we offer free consultations. This allows potential clients to learn about partnering with our team and the help we provide. Today, you can speak to a member of our team, and we can explain our document prep services. We can also provide information about the multitude of other real estate services we offer.
Documents You Need to Prepare for a Real Estate Transaction
To complete a real estate transaction, you need to record certain paperwork. We can prepare the closing documents you need for your particular transaction. Each transaction is different, and the documents we prepare can reflect that. When you start working with our firm, we can help you determine the documents you need.
Some types of documentation you may need in your real estate transaction include:
Purchase Agreement
A purchase agreement is a legally binding document that governs the purchase and sale of real estate. These agreements are between the buyer and seller of real property. The purchase agreement defines the terms of the transaction and the conditions of the sale. It is critical these agreements are accurate and contain all pertinent information. If not, you could face unexpected financial issues or legal action.
There are key parts that an attorney can include in the purchase agreement to make it valid, such as:
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Information about the buyer and seller
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Details about the property, such as the property’s address, its description, and any other relevant details
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The property’s purchase price
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The sellers’ representation of the property, detailing its condition and structural composition
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Fixtures the current owner will include and exclude from the sale of the property, such as kitchen appliances
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Who will purchase title insurance to protect the sale or purchase of the property
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When the closing date is and when the transfer of title will occur
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If there are any contingencies to the sale of the property
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The terms of the earnest money agreement
Once both parties agree to the purchase agreement terms, they can sign. When each person involved in the sale signs the purchase agreement, the details of the purchase agreement are legally binding.
If you’re a real estate agent, our attorneys can prepare the purchase agreement to ensure it meets the agreed-upon terms. On the other hand, if you’re buying or selling a property, our attorneys can review the documents to ensure you understand what you’re signing.
Seller’s Disclosure
A seller’s disclosure is a legal document that requires sellers to disclose the condition of their property. Prospective buyers should know about any potentially unfavorable conditions.
A typical seller’s disclosure could include:
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A list of specific issues a home could have, such as leaks
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Questions about the home (The seller must provide a yes or no answer. If they don’t know the answer, they can state “unknown.”)
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An area where the seller can provide any other information that a potential buyer should know about the home
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A list of the appliances or security system features that will stay with the home upon its sale
Many sellers don’t understand everything they need to include in the seller’s disclosure. This could cause complications if the documents don’t get filled out correctly. Our attorneys can guide you through preparing the seller’s disclosure documents to ensure you include everything necessary.
Title Insurance Policy
Including a title insurance policy in a real estate transaction can protect the people involved. At Lulich & Attorneys, we can provide the title insurance policy. Because our firm is an attorney-led title company, we can prepare all of the documents for your closing and title insurance. In addition, we can discuss why title insurance is important and protect your purchase from a legal claim if an issue arises.
Situations where a title insurance policy can benefit you include:
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If there is a clerical error in the deed
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If there is an incorrect or improper description somewhere within the documentation
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If forgeries or misrepresentations on legal documents impede the sale
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If someone with a cognitive disability signed the deed or other legal document regarding the sale
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If there were undisclosed liens on the property because of unpaid taxes, contractors who worked on the home, or unpaid HOA dues
When we represent you through the real estate process, you can rest assured any documents we prepare will help you avoid legal issues.
Property Deed
A property deed is a legal document that transfers the ownership of real property from one owner to another. First, our attorneys can prepare the property deed. Once we prepare the document, we can send it to the county so it can file it.
A Listing Agreement
A listing agreement is a contract between a real estate agent and their client, a property owner. It gives the broker permission to list and sell the property. The listing agreement also outlines the commission the real estate agent could receive.
Listing agreements vary a little based on the circumstances of the real estate sale.
Typically, these agreements will include the following information:
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The home’s asking price
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A list of the seller, real estate agent, and broker’s duties
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Broker’s and real estate agent’s fees
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The personal property that the current owner will include in the sale
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When the contract expires
Outlining this information in the listing agreement can help to avoid any discrepancies between the seller, real estate agent, and other involved parties. We can also include a mediation or dispute clause in case the real estate agent and the property owner have a dispute over the transaction. It can outline the steps they will take to resolve the issue.
Who Needs a Document Prep Attorney?
There are several people or entities who could use the document prep services from our attorneys, such as:
Real Estate Brokers
Our document prep lawyers in Sebastian can prepare real estate documents for real estate agents and brokerages. With our knowledge of real estate law, we can ensure each document has all the criteria it needs.
Our team can help real estate agents or brokerages prepare the following documents:
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The buyer’s agent agreement
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The purchase agreement
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Addenda or amendments
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The seller’s disclosure
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Closing disclosure
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The title insurance policy
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The property’s deed
Each document we prepare is accurate and filed appropriately. We also offer help with documents not listed here.
A Property Owner or Buyer
A property owner could benefit from a document prep lawyer if they plan to sell their house “For Sale by Owner.” We can ensure you have all the documentation you need and that it’s accurate.
When selling your house yourself, it’s important to know that the buyer’s realtor doesn’t have your best interest in mind. Because of this, it’s helpful to have us review any contracts or documents that indicate the terms you verbally agreed to. Our team looks out for your well-being.
Frequently Asked Questions About Document Prep in Sebastian
While weighing your legal options, you may ask:
Can I Fill Out Real Estate Documents Myself?
You could fill out the forms needed to buy or sell property on your own. Yet, doing so comes with many risks—some of which could be out of your control. For instance, if you don’t provide all the necessary information on a seller’s disclosure, you could face legal consequences. You might also miss certain deadlines, preventing the completion of a much-needed sale.
Can a Real Estate Agent Do Document Prep for Me?
A real estate agent’s job is to help people buy or sell property. They are not legal professionals and cannot ethically give legal advice. It’s helpful to have a lawyer on your side when filling out certain documents, as they can explain what they mean and what information you should share. As noted, this prevents any issues from complicating the transaction.
What Properties Do Our Lawyers Work With?
We help people in Florida buy and sell their homes, agricultural land, businesses, and other forms of real property. We don’t limit our real estate practice areas to only helping homeowners.
What Happens if a Real Estate Document Gets Incorrectly Filled Out?
If there are any mistakes on paperwork related to your real estate transaction, this could:
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Give a potential buyer a reason to back out of the sale
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Result in fines and other legal penalties
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Delay closing
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Complicate the buying and selling of your property
When you work with our team, we make sure your paperwork is filled out correctly, so you can avoid any of these issues.
Contact a Document Prep Attorney in Sebastian Today
If you want real estate document prep services in Sebastian, reach out to our legal team. We can prepare the documents you need so you can stay on track with a real estate transaction. Our attorneys work tirelessly to make sure every document is delivered on time and with accuracy.
Dial (772) 492-4611 or contact us through our website for your consultation. During the consultation, you can ask our team any questions you have about the real estate process. We also provide information on how we can help you. If you choose to work with our firm after the consultation, we can get started preparing your case today. Reach out to a Sebastian real easate lawyer.
Lulich & Attorneys Sebastian Office
- Phone: 772-492-4611
- Fax: 772-589-8800
- Address: 1069 Main Street, Sebastian, FL 32958
- Hours: M-F 8:30PM - 5:00PM