Hot Springs Residential Real Estate Attorneys Represent Property Buyers and Sellers
Arkansas real estate lawyers assist with transactions and litigate disputes
Buying or selling a home in Arkansas is a major undertaking and a transaction that goes awry can have drastic financial consequences. At Schnipper, Britton & Stobaugh in Hot Springs, our residential real estate attorneys have extensive experience helping clients make it successfully through the process of buying or selling a home. We prepare and review complex contracts and other documentation, stand up for clients’ interests if conflicts arise and work zealously to bring transactions to productive conclusions. You can trust us to handle your residential real estate matter with skill and professionalism.
What types of property are considered residential?
Residential real estate means property primarily devoted to housing, as opposed to commercial real estate, which has predominantly business-related uses. Types of residential real estate include single-family houses, townhomes, duplexes, four-plexes, and other multi-family dwellings. Residential and commercial properties may sometimes occupy the same physical structures, such as in mixed-use buildings and complexes. Even so, different laws apply to the residential and commercial areas. We understand the laws that govern residential real estate and can provide sound guidance for your property issue.
Providing a wide range of real estate legal services
Our Arkansas real estate attorneys assist buyers and sellers of residential properties with a variety of services that include the following:
- Drafting and reviewing purchase contracts
- Preparing deeds for the transfer of property
- Creating or terminating real estate easements
- Defending clients in foreclosure actions
- Resolving disputes related to home purchases and sales
- Litigating quiet title actions to establish ownership
- Addressing last-minute problems at real estate closings
- Representing landlords in unlawful retainer lawsuits
Whether you need transactional or litigation help with respect to residential property, our attorneys have the knowledge and experience to give you thorough and effective representation.
Why should I hire an attorney when buying or selling a home?
While you are not required to hire an attorney to buy or sell a home in Arkansas, it is valuable to do so. Your attorney will have your best interests in mind and will work to identify any issues that could disrupt your transaction. Real estate attorneys initially draft, review and negotiate the contract to make sure the intended bargain is reflected in the document. They investigate the property title to make sure there are no gaps or encumbrances and can assist in clearing them up. A lawyer will advise you about your rights if there are issues during the home inspection or mortgage acquisition. The attorney will also represent you at the closing to ensure the deed and mortgage and other essential documents are in order and to resolve problems that may arise. Whichever side of the deal we are on, we give our clients attentive and comprehensive assistance to help the residential deal go through.
What are the benefits of having a real estate attorney help prepare your contract?
Careful drafting and review of the contract and its riders can make all the difference in protecting each party’s rights. Real estate attorneys have in-depth understanding of property law in Arkansas so can ensure that state laws are complied with and that your rights are protected. An attorney can also clearly articulate the contingencies that must be met for the purchase or sale to go through. This legal knowledge will be to your benefit in enforcing the contract should a dispute arise. Our attorneys draft, review and negotiate the particulars of residential real estate contracts in our clients’ best interests and we monitor enforcement of contractual provisions through the process leading to closing.
Contact our efficient and effective attorneys for help with your residential real estate matter
At Schnipper, Britton & Stobaugh in Hot Springs, we assist owners, buyers and sellers of residential real estate in Arkansas by providing legal advice, handling transactional matters and resolving legal disputes. To schedule a consultation, call our firm at 501-762-0887 or contact us online.