While Ohio real estate law does not require you to have a real estate lawyer, there are certain instances in which having a lawyer may be a good idea. When buying a property that has any common interest developments, it may be difficult for the average consumer to discern between parts of the property that are for one’s exclusive use versus parts that are for community use. Common interest developments, such as condominiums, may have ongoing litigation that may have an adverse effect on the future value of the property. Real estate lawyers can inform you of the situation so you can make a knowledgeable decision. Prior to closing a real estate lawyer can ensure the property title is good.
Get references from friends and family for a lawyer.Never choose a real estate lawyer simply based on the recommendation of your real estate agent.However, you may be able to find a lawyer who is also a licensed realtor.
Check with state bar, local bar, and realtors’ associations to verify the lawyer specializes in real estate law. The American College of Real Estate Lawyers (ACREL) website provides links to members by state, and has many members from Ohio.
The majority of lawyers answer initial questions free. Make a list of your questions and use this list to help you find a lawyer who you think will represent your interests in a competent and ethical manner. Prior to enlisting a lawyer ask about charges. Some real estate lawyers will work on for a fixed fee in more straightforward cases.
Comments