QUESTION

Is an attorney required for property settlement in pa

Asked on Apr 22nd, 2012 on Real Estate - Pennsylvania
More details to this question:
Real estate agent says they can do it
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1 ANSWER

Financial Markets and Services Attorney serving Blue Bell, PA at Max L. Lieberman & Associates A Professional Corporation
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There is no requirement in Pennsylvania that an attorney be retained by either the buyer or seller in a real estate transaction.   And, while real estate agents are well versed and equipped to address most of the issues which arise, most of the litigation that attorneys handle arising of real estate sale or purchase could have been avoided if an attorney were involved.  It is always my recommendation to have an attorney involved to at least oversee and guide the process from the preparation or review of the required Seller's Property Disclosure or preparing or reviewing the Agreement of Sale to insure that your legal rights are protected, from a review of the title search (if you are the buyer) to make sure there are no defects in title and the seller will be able to transfer clean and marketable time, to closing.  Most real estate agents will explain that you have the right to seek legal representation. In fact, that is something spelled out in  the Consumer Protection Handbook issued by the Pennsylvania Attorney General.  Please check out our website where we have an article which discusses why you should hire a real estate lawyer.    www. lslaw.com Marla D. Sones    
Answered on Apr 27th, 2012 at 9:08 AM

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