In the state of Florida, it is not required to have a real estate attorney present at the sale of a residential property. The Florida Supreme Court has made a contract that all Orlando realtors can use, and a licensed real estate agent can fill in the blanks. You can choose to have a real estate attorney assist in the transaction if you would like, but it is not required.
There are some instances where a real estate attorney might be a good idea in Orlando real estate. If language is added to the contract that is not approved by the Florida Supreme Court, it might be a good idea to hire a real estate attorney to review the contract to make sure you are protected. Real estate agents are licensed to practice real estate, but they are not licensed to practice law, so they are not able to give legal advice.
Another instance where you might want a real estate attorney is if you are purchasing new construction. Builders do not use the same contract as the state does. They have their own contract with their own language, so you would want to have it reviewed to make sure you are protected.
Lastly, you might want to consider hiring a real estate attorney if you are working with an inexperienced agent or an agent who is doe not have the expertise to work through the transaction. Whether you are buying or selling your home, always make sure you are protected!!
As always, we are here to help you! Please feel free to Contact Us, and I hope that I have helped you get real estate smart.
