Selling a house can be a complicated process, especially when it comes to legal requirements. There are many documents that you need to handle correctly to avoid future problems. Whether you are selling or buying a property, you need to keep track of specific financial and legal paperwork. In this blog, we will go over everything you need to know about required documents for residential transactions in Michigan. We will also discuss how an attorney can help you during the sale of your house.
What kind of documents are required for a residential transaction?
As a seller, you need to provide the buyer with specific documents before the sale is completed. Michigan law requires sellers to disclose any known defects or issues that may affect the property’s value. That’s why you need to include a written disclosure agreement. If selling property is located in a condominium, a condominium disclosure statement is also required. As a buyer, you need to obtain a property inspection from a licensed professional and a title examination and insurance through a title agency or attorney.
Why do you need an attorney?
An attorney can help you navigate the cumbersome legal process of selling your house. A real estate attorney can interpret complicated legal documents and explain complex financial issues. They also have the necessary experience to ensure that the transaction goes smoothly, so you don’t run into any problems down the line. Additionally, they can help you negotiate any disputes that may arise.
How can Kaye Law Office PLLC assist with residential transactions?
Kaye Law Office PLLC has a team of experienced attorneys who specialize in real estate law. We can help Michigan residents with all aspects of buying and selling property, including title examinations, negotiating contracts, drafting and examining closing documents, managing real estate disputes, and representing property in property tax appeals. We can also guide you through the legal procedures and requirements involved in a residential transaction.
Selling or buying a house is an expensive and complex process. To ensure that the transaction goes smoothly, it’s essential to be well-informed and have expert legal guidance. At Kaye Law Office PLLC, we have the necessary expertise to provide you with excellent legal services. Contact us today to get started on your residential transaction and sit down with one of our experienced real estate attorneys. We provide strong legal services to the greater Detroit area, Ann Arbor, Washtenaw County, Oakland County, Livingston County, and Wayne County.
