Best Advocacy & Civil Legal Representation Services in Charlotte, NC

Settlement is the execution and delivery of all of the documents required to complete the real estate transaction. Documents you can expect to sign at settlement include: your loan package documents if you are financing the purchase of your property, and your deed of trust. Sellers will sign the deed. Closing is the completion of the transfer of title to the property. After settlement, the lending institution, if any, will authorize the release of funds. Additionally, we perform a title update to ensure that no liens or other encumbrances. Finally, the deed and deed of trust will be recorded in the county of record.

Yes! Even if your new spouse is not on the deed, deed of trust, or promissory note. When you married, your spouse earned a marital interest in the property. Because the sale of the home adversely affects that interest, their consent is required.

You should consider the advantages of using a qualified attorney versus a settlement services company. There are some convenience factors associated with a settlement services company. However, the laws do not change regarding the transfer of title to property. Additionally, a settlement services agent cannot answer questions regarding your legal rights under any of the documents provided to you during settlement.

Absolutely. You have a right to individual representation. A closing attorney generally represents you in ensuring that you obtain good and marketable title to your property. The closing attorney can advise you on legal questions concerning title to your property, title insurance, and the covenants and conditions of your loan documentation. However, the closing attorney does not represent you with respect to the terms of your loan agreement with your lender. Additionally, the closing attorney usually will not represent either the buyer or seller in a post-closing dispute.

In a residential real estate transaction, you should consider the following items: a home inspection conducted by a licensed home inspector; loan qualification; Covenants, Conditions, and Restrictions of the community; Homeowner Association management, dues, and financials. In a commercial real estate transaction, you should consider the following items: Investigation of the environmental conditions of the property including a Phase I assessment, asbestos survey, lead inspection, determination of whether the property is in a flood zone, the presence of endangered species, whether wetlands are located on the property, and geotechnical investigations; code compliance and physical condition of any structures on the property; accessibility of the property, such as handicap access, parking, access to a roadway; any current or proposed zoning; any assignments of leases; and obtaining an ALTA survey.