Tuesday, July 31, 2012

Responsibilities of Real Estate Lawyers in Calgary


There comes a time in every homeowner’s life when he or she would need the services of a real estate lawyer.  In Calgary, these attorneys come a dime a dozen, so it’s up to you to separate the reliable from the unreliable and do your homework when making this important decision.  Here’s a list of some of these lawyers’ responsibilities and what it could mean to you.

Downtown Calgary
A skilled real estate lawyer can help explain any contract to you in layman’s terms.  Contracts generally are written in highfalutin Legalese, and filled with terms that non-lawyers don’t use in their everyday conversation.  Real estate lawyers in Calgary will read these contracts, analyze them, and break everything down so you don’t have to be running to grab your dictionary or frantically looking for a website that explains the big terms for you.  Also, they can verify ownership and other pertinent details when it comes to buying a home.

They can also help you if you are sued by another party.  On the other hand, you may be the one filing a lawsuit against somebody who reneged on his/her payment promises or misrepresented the house you wanted to buy.  By having a standout Calgary real estate lawyer represent you in court, you can emerge unscathed from most any legal wrangle.

Lastly, real estate lawyers in Calgary can assist if your home faces the threat of being foreclosed.  If you’ve fallen back on your mortgage payments, a good lawyer can crunch the numbers and come up with a feasible loan modification that could help you catch up again.

For more information on Law Boutique's legal services for residential and commercial real estate, click here.