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Real Estate


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Our title agency, Members' Title Agency, Inc., celebrates its 5 year anniversary in the Real Estate industry!

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Do I have to have an attorney to buy/sell my house? How much will it cost me?
Florida law does not require an attorney to buy/sell a house; however, an attorney is strongly recommended. Many clients who fail to retain an attorney for a real estate transaction discover after the closing that they would have been better off if they had an attorney to represent them. The fee for an attorney depends on the circumstances of the transaction.

Who pays closing costs?
Certain closing costs are the responsibility of the buyer to pay and there are other closing costs that are the responsibility of the seller to pay. The responsibility for certain closing costs, such as title insurance, varies from county to county. For example, in Broward and Miami-Dade County, the buyer pays for title insurance; in Palm Beach County, the seller pays. In cases of new construction where the seller is a contractor or builder of a new house, the buyer usually pays closing costs. It is important for an attorney to review the contract carefully before it is signed to make certain that the buyer and seller are responsible for their own closing costs.



Back to Areas of Law
 
 
The inspection was unsatisfactory.
Can I get out of the contract?
While some contracts provide for a credit
to be given to the buyer from the seller to cover the cost of repairs, other contracts provide that repairs must be completed before closing, or, mostly those that sell houses “as is”, provide for the contract to be cancelled if the inspection results are in any way unsatisfactory to the buyer. It is important for an attorney to review the contract carefully before it is signed to see whether the unsatisfactory inspection will enable either party to get out of the contract.

I want to add a family member to the title/deed. Can I do this? If so, how?
Drafting a deed must be done carefully.
It is important that the correct party signs
the deed and the legal description is
accurate. Sometimes, it is also necessary that an affidavit or other additional
document accompany a deed when it is recorded. For a small fee, an attorney can prepare the deed.

Also see
Foreclosures
Landlord/Tenant

 
   
 
   
  
Plantation Office Legal Resources