Real Estate Law and Hiring a Real Estate Lawyer in Pa
According to Wikipedia, real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personal under chattel law or personal property law).
Why hire a real estate lawyer?
Real estate lawyers represent property owners, lenders, builders, sellers, buyers, and developers in real estate matters.
Real estate law services may include: reviewing contracts, drafting contracts, reviewing deeds and other recorded documents, preparing real estate transfer documents, (including the Deed of Trust), trustee's sales, appearing before zoning & planning authorities, appearing at mediations, arbitrations, and where necessary, litigation in both state and federal court.
With the development of private property ownership, real estate has become a major area of business, commonly referred to as commercial real estate. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields where retaining a real estate lawyer to pave the way free from legal hazards along the way.