REAL ESTATE CONTRACT AND LEASE NEGOTIATION

A real estate contract is a legally binding document between two parties that binds the parties into certain terms and obligations.  Whether you are looking to buy, sell or lease residential or commercial property, you should always seek the services of an experienced real estate lawyer in Miami Dade County, to draft or negotiate a contract that addresses your particular needs.

Despite how important it is to have an attorney review your documents PRIOR to signing, many parties reach out to attorneys after they have already signed the real estate contract.  Buyers, sellers, tenants and landlords, whether residential or commercial, fail to contact a real estate attorney in Miami Dade County until the contract is already signed. Now, instead of giving advice as to how best protect the buyer, seller, tenant or landlord, we are usually being asked how can we now get them out of the problem.

At this point, a negotiation or litigation may become necessary in order to protect the buyers, sellers, landlord or tenants rights.  This is often a result of poor planning or the misconception that attorneys charge too much and therefore not feasible.  This is false.

On the contrary. It is less expensive to hire an attorney to draft a Residential Contract for Sale or Purchase or Residential Lease and represent you in the process, then it costs to hire one to then file or defend a litigation against you for nonperformance under the terms of the Real Estate Contract or Lease.

THE PROCESS OF NEGOTIATING A CONTRACT OR LEASE

By allowing an attorney to assist you to draft the contract, instead of just believing that all real estate contract and terms are standard in Florida, we can protect you every step of the way.  The best way to negotiate a contract is by hiring an experienced real estate lawyer in  Miami before entering into the transaction.  Even if you already hired a real estate attorney here is the basics to always consider when entering into a real estate contract:

• Are the proper parties listed in the contract, with correct names
• Are all the terms we spoke of addressed in the real estate contract or lease.  In Florida, only what is written, not the verbal or oral terms, will control the parties understanding.
• Is the deal being financed?  If so, are the terms of the financing clear?
• Who is going to hold the deposit?  Is the escrow agent a real estate lawyer who will not commingle the funds?
• Is there a period of due diligence or inspections? Will you have enough time to hire a professional and obtain the report?

Always consult with a real estate attorney prior to entering into any real estate deal for purchase or landlord tenant residential lease.  A real estate attorney will analyze all options and bring our experience with prior issues we have encountered, to the table to protect you.

If you or anyone you k now is in need of legal assistance in a real estate contract or lease agreement in Miami Broward, Palm Beach or Monroe County, contact the Law Offices of Jacqueline Salcines today.

Attorney Salcines is:

• A lawyer
• An accountant
• A realtor
• A title agent

All these title in the real estate arena, for 17 years, allow us to put our experience to work for you.

Call us today for a free consultation. at  305.669.5280 and see how we can help you.