A real estate lawyer in the Philippines ensures that proper procedures are followed during the acquisition or sale of property, covering legal documents such as deeds, property taxes, estate planning, zoning, and titles. They are concerned with how a property is zoned for usage.
According to Investopedia, a real estate attorney prepares and reviews documents relating to purchase agreements, mortgage documents, title documents, and transfer documents.They are hired to ensure the real property transfer is legal, binding, and in the best interests of the client. During the purchase of a property, the real estate attorney and staff might prepare documents, write title insurance policies, complete title searches on the property, and handle the transfer of funds for the purchase. If the purchase is being financed, the attorney is responsible for paperwork such as related transfer of funds documentation for the buyer’s lender. In the case of a real estate dispute, such as chain of title, lot line problems, or other issues involving contracts, the attorney resolves the problem.
A real estate attorney also provides legal representation for either a buyer or a seller when a dispute winds up in a courtroom. The real estate attorney obtains facts from both sides of the dispute and tries to bring them to a resolution. This may mean hiring a surveyor or title company to work through the details.
AD Law handles the following services in relation to real estate law.
- Real Estate Brokerage (Sale, Purchase, Lease)
- Due Diligence/Title Search
- Documentation and Conveyancing/Transfer of Title
- Cancellation of Encumbrances, etc.
- Partition, subdivision, etc. (with collaborating Geodetic Engineer)
- Appraisal (with collaborating Real Estate Appraiser)
If you need assistance on this, schedule your consultation with us.
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