New York real estate attorney Natalia Sishodia (https://sishodia.com/what-does-a-real-estate-lawyer-do/), of Sishodia PLLC, has recently published an insightful article titled ‘What Does A Real Estate Lawyer Do?’ The article provides an extensive explanation of the various roles a real estate lawyer plays in property transactions, especially in New York City.
The New York real estate attorney’s comprehensive article reveals the essential role a real estate attorney plays in safeguarding the interests of clients during property transactions. With property purchase being one of the most significant investments for many, understanding the importance of legal assistance in these transactions is critical.
In the first section of her article, Sishodia underscores that hiring a real estate attorney, along with a real estate agent, is crucial to ensure a smooth and problem-free transaction. The New York real estate attorney provides an overview of real estate law, encompassing the process of buying and selling properties, business transactions like leases, loans, and mortgages, and other aspects such as deeds, property taxes, estate planning, zoning, and titles.
Sishodia explains that while it is legal to buy a property in New York without an attorney, the complexity of transactions often necessitates the involvement of at least two attorneys—one representing the buyer and another the seller. These attorneys review or prepare all necessary documents for closing a property deal, representing the interests of their respective clients and ensuring fair treatment of all parties involved.
“Real estate attorneys conduct due diligence, prepare and review documents like purchase agreements, mortgage and title documents, and transfer documents,” Sishodia states. “They handle the transaction, attend the closing with the buyer, ensure that the transfer is legally binding and in the client’s best interest.”
The article further delves into the specific responsibilities a real estate attorney assumes for a buyer. This includes negotiating and finalizing contract terms, managing down payments, ordering title reports, facilitating mortgage applications, calculating closing costs, and representing the buyer at the closing. They also ensure that all payments are accurately made.
New York real estate attorney Natalia Sishodia emphasized the broad nature of real estate law and the numerous moving pieces in any property transaction. She encourages individuals to seek legal assistance to navigate the complex landscape of real estate law and ensure their best interests are protected.
The information shared in the article makes it clear that the role of a real estate attorney in New York is diverse and integral to any property transaction. Make sure to read the full article to gain a comprehensive understanding of the subject matter.
About Sishodia PLLC:
Sishodia PLLC is a New York-based law firm offering personalized legal services in the domain of real estate law. The firm is led by Natalia Sishodia, a respected attorney in the New York real estate community. The team at Sishodia PLLC is dedicated to providing tailored legal solutions while keeping the best interests of their clients at the forefront. They aspire to assist clients through the complex landscape of real estate transactions, ensuring a smooth and legally sound process.
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Email: natalia@sishodialaw.com
Website: https://sishodia.com/
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Website: https://sishodia.com/