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2016/02/01

Without A Real Estate Attorney Biloxi Property Owners Can Suffer Severe Losses

By Cynthia Hamilton


There is a bewildering array of laws that relate to property matters. Most property owners and tenants are not even aware of all the various regulations and laws applicable to them. The complexity of many of these laws has seen to it that lawyers tend so specialize in this area. They do not only deal with matters related to the purchase and disposal of properties. By getting help from a real estate attorney Biloxi and Grand Rapids MI property owners and tenants can make sure that they avoid mistakes.

Because property related matters are often so complex, contracts related to these matters are equally complicated and contain numerous terms and conditions. Very few laymen fully understand the potential implications of all the contractual stipulations. Property lawyers spend a lot of time evaluating contracts on behalf of their clients. They scan for potential pitfalls and advise their clients accordingly.

Large property owners do not have the time or the skill to manage their various properties. They use specialist lawyers to deal with most matters on their behalf. The lawyer will make sure that the tenants are credit worthy, that they keep to the terms and conditions of the rental contract and that they pay their rent regularly. They deal with tenant complaints and where necessary, they initiate legal steps against tenants.

It is not only property owners that benefit from the services of a property lawyer. There are many instances where owners do not honour their responsibilities towards the tenant. They may fail to effect repairs and to properly maintain the property. They may impose rules not contained in the rental contract or they may raise the rent without proper consultations.

Perhaps the most complex laws dealing with property matters are those that allow the government to requisition properties for development purposes. This happens more often than one would think. This is done when new roads are built, when industrial areas are developed or when security issues are at stake. Property owners are not without options in such cases, but they definitely need expert legal help.

Another area where property owners rely on specialist property lawyers is when they need to submit a claim to their insurers. Insurance claims related to property damage are very complex and routinely contain subsidiary claims for secondary losses, such as the inability to continue conducting business. It can be stressful to negotiate with insurers and prudent owners leave such matters in the hands of their lawyers.

It is not wise to use a general legal practitioner to deal with property issues. A specialist property lawyer will be more expensive but he will be better equipped to help his client avoid expensive mistakes. Even property lawyers specialize in very specific areas. It is therefore best to find a lawyer that has experience in dealing with the specific matter that needs attention at the time.

Dealing with property related legal issues without professional representation or advice is ill advised. It is easy to make serious mistakes that can have long term ramifications never foreseen in the first place. Far too many property owners and even tenants have rued the day when they made a deal which later became a veritable nightmare.




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