What is the primary responsibility of a real estate attorney?

The primary responsibility of a real estate attorney is to review contracts and handle property closings. This role involves ensuring that all legal documents related to a real estate transaction are accurate and compliant with the law. The attorney's job includes examining purchase agreements, reviewing title documents, and addressing any legal issues that may arise during the transaction process. By handling these aspects, the attorney protects their client's interests and helps facilitate a smooth closing process.

Engaging a real estate attorney is crucial, particularly because real estate transactions involve significant financial investments, and any errors in documentation or legal compliance can lead to serious repercussions for the parties involved. The attorney also helps ensure that all necessary disclosures are made and that the transfer of title is completed correctly.

In contrast, applying for mortgage loans is typically handled by mortgage brokers or loan officers, inspecting properties is usually the responsibility of real estate agents or home inspectors, and property valuation for market analysis is typically done by appraisers. Each of these roles contributes to the real estate process in various ways, but the review of contracts and handling of closings is squarely within the domain of a real estate attorney.