REAL ESTATE LAW

Commercial Real Estate Attorneys in Santa Clarita

Property is a big deal.

Whether you’re developing a large-scale project, renting a commercial space, or selling your home, real estate is an essential part of everyday life – and it’s likely one of your most complex and important assets, too.

What does Real Estate Law mean?

Real estate law refers to real property, and the distinct set of laws that govern how real property can be used, sold, and acquired. Homes, commercial property, storefronts are all governed by real estate law.

Real estate law includes all of the following – and that’s just the beginning:

  • Zoning
  • Real Estate taxes
  • Estate Planning
  • Deeds and titles
  • Financing
  • Leases and tenancy
  • HOAs and HOA boards
  • Real Estate investment

 

commercial real estate attorney santa clarita
commercial real estate attorney santa clarita

What does Real Estate Law mean?

Real estate law refers to real property, and the distinct set of laws that govern how real property can be used, sold, and acquired. Homes, commercial property, storefronts are all governed by real estate law.

Real estate law includes all of the following – and that’s just the beginning of where a lawyer can help:

  • Zoning
  • Real Estate taxes
  • Estate Planning
  • Deeds and titles
  • Financing
  • Leases and tenancy
  • HOAs and HOA boards
  • Real Estate investment

 

ODOM LAW GROUP, APLC  |  Knows Mergers and Acquisition deals inside and out.

Real Estate LAW IN CALIFORNIA

Primarily, real estate law refers to state or local laws with only a few applicable federal laws. In California, we have a specific set of regulations governing housing, zoning, planning, tenancy, and the like. It’s important to stay up to date, as these laws are updated on a regular basis.

For example, new real estate laws in 2020 included:

  • Sale of a home requires using an escrow agent in order to facilitate the sale.
  • A transfer tax is imposed by the county – and possibly also by the city – whenever a property is sold. The details vary by county and region.
  • Buyers have the right to sue for fraudulent misrepresentation if a seller conceals a known defect.
  • Potential buyers must have access to any information about lead paint on the property.

 

Real Estate Finance Attorneys

If real estate law wasn’t already complex, real estate finance encompasses its own set of methods and terms for purchasing real property. A beach house, an open plot, or a commercial venue – it’s all subject to real estate finance.

Our practice at the Odom Law Group, APLC, focuses on commercial aspects of real estate and real estate finance. This specialized background allows our lawyers to lend sophisticated, focused insight to commercial clients in a complex and constantly changing area.

Our attorneys have expertise in all aspects of real estate finance, from secured loan originations to loan workouts and foreclosures. Our finance experience includes:

  • All types of commercial real estate, including office buildings, shopping centers, hotels and resorts, and apartment complexes
  • Residential real estate finance matters
  • Drafting, negotiating, and reviewing loan documents
  • Structuring alternative financing transactions

 

At Odom Law Group, APLC

As real estate attorneys, we focus on assisting clients by building an active foundation of information, insight, and legal expertise – we want you to be ready for anything. Our lawyers understand that real estate relationships grow and change, and position you to anticipate whatever lies ahead and face it with confidence.

The team at Odom Law boasts rich experience in managing real estate transactions, including the drafting, review, and negotiation of:

  • Purchase and sale agreements
  • Commercial leases and subleases
  • Title insurance
  • Agreements regarding easements and other encroachments
  • Joint venture agreements
  • Due diligence matters
  • Real estate development and construction matters
  • Deeds of trust
  • Land use, zoning, and entitlements

At Odom Law Group, APLC, we commit to preparing agreements built to avoid future litigation, with terms designed for everyone to thrive. From individuals to financial institutions, and residential real estate matters to complex condominium complexes, we craft our partnerships for your success.

About Our Practice

At Odom Law Group, APLC, our work is rooted in real-world impact. We erase the line between partnership and professionalism: as your legal advisors, we’re here for you. As you work through your real estate transaction, we’ll be by your side to answer questions, offer insight, and set you up for success. Leverage our legal expertise to protect your property, and rest assured that every detail of your transaction has been handled with precision.

Our team of attorneys are proud to practice in trust administration, probate, retail store representation, business law, estate planning, trademarks, real estate law, and mergers and acquisitions. You’ll find outstanding experience, a deeply sophisticated practice, and industry-leading knowledge with our attorneys: we’re here to meet any challenge you might face.

You’ll also find a group of people who care here: about you, your future, and your goals. Give us a call any time. We’re always here to talk – but first, we’re here to listen.

More About Real Estate Law

When Should You Hire a Real Estate Attorney?

When it comes to buying or selling real estate, there are many legal complexities that can arise. From reviewing and negotiating contracts to handling title issues and closing paperwork, a real estate attorney can help ensure that the process goes smoothly. But when is the right time to hire one?

In this article, we’ll explore some of the key situations in which it may be beneficial to bring on a real estate attorney to help protect your interests and ensure that the transaction is handled properly.

What Does a Santa Clarita Real Estate Attorney Do?

A real estate attorney is a legal professional who specializes in the laws and regulations surrounding the buying, selling, and ownership of real estate. They can help individuals, businesses, and investors navigate the complex legal landscape of real estate transactions. They assist with drafting, reviewing and negotiating contracts, handling title issues and closing paperwork, and helping to resolve any disputes that may arise. They also provide guidance on compliance with local zoning and building codes, and advise clients on tax implications of real estate transactions.

In addition to these services, a real estate attorney’s role is to provide representation in court if any legal disputes arise. They can also assist with eviction proceedings and handle issues related to mortgages and foreclosures. They are also experts in the field of California real estate law, and can provide guidance on complex issues such as easements, adverse possession, and eminent domain.

Overall a real estate attorney plays a crucial role in ensuring a smooth and successful real estate transaction.

When Should Home Buyers Hire a Lawyer?

Home buyers should consider hiring a real estate attorney when they are about to enter into a real estate transaction, such as purchasing a home. The attorney can review the purchase contract and other documents, including the title report, to ensure that the buyer’s interests are protected. They can also help the buyer understand the terms of the contract and any contingencies that may be included, such as financing or inspection contingencies. They can also assist with negotiating any changes or revisions to the contract, to ensure that the buyer gets the best deal possible.

Another reason home buyers may want to hire real estate lawyers is to handle any legal issues that may arise during the transaction.

For example, if there are problems with the title of the property, such as liens or encumbrances, an attorney can help the buyer navigate the legal process and resolve the issues. If a dispute arises between the buyer and the seller about the real estate contract, an attorney can represent the buyer in court and help to protect their rights.

Overall, the real estate attorney hired can provide valuable guidance and representation for home buyers throughout the home-buying process, and can help ensure that the transaction goes smoothly.

How Do You Find a Qualified Real Estate Lawyer?

Finding a qualified real estate lawyer can be done by asking for referrals from friends, family, or other professionals. You can also search online for local Santa Clarita attorneys who specialize in real estate law, and read reviews and testimonials from past clients. Many states have a referral service or directory of attorneys that can help you find qualified lawyers in your area.

Another way to find a qualified real estate lawyer is by contacting your local or state bar association. They often have referral services that can provide you with a list of attorneys who specialize in real estate law, and who have passed a rigorous evaluation process. Additionally, you may want to consider interviewing a few different attorneys to find one that you feel comfortable working with, and who has experience in handling similar cases to yours.

It’s important to note that a real estate attorney should be licensed and in good standing with the state bar association. Additionally, it’s beneficial to look for someone with experience in the specific area you’re dealing with, for example, if you’re dealing with a commercial property, look for an attorney who has experience with commercial real estate.

Overall, finding a qualified real estate lawyer will require some research, but it is worth it to ensure that your real estate transaction goes smoothly and that your legal rights are protected. Getting a mortgage isnt just about having a fat savings account and a good credit score. It also about debt collection, the housing market, insurance quotes and loan calculators.

A mortgage lender, agents and estate planning attorneys work hand and hand to provide you as much as information as they can on mortgage refinance, home purchase, home equity loan and real estate purchase in general to help you make the right choices and decisions.

That is why it is important to choose a lawyer who is not only knowledgeable but can also collaborate in helping you acquire property.

What Are The Common Types of Real Estate Transactions?

There are several common types of real estate transactions that an attorney may assist with. One of the most common is the purchase of a residential property. This includes the process of finding a home, making an offer, and closing the sale. A real estate attorney can assist with reviewing and negotiating the purchase contract, handling title issues, and ensuring that all necessary documents are properly executed.

Another common type of real estate transaction is the sale of a property. A real estate attorney can assist with drafting and reviewing the sales contract, handling the transfer of title, and ensuring that all necessary documents are properly executed.

Additionally, real estate attorneys can assist with commercial real estate transactions, such as the purchase or lease of a commercial property, and with investment property transactions, including the purchase or sale of rental properties.

Additionally, it’s important to note that an attorney can assist with real estate litigation, such as disputes between buyers and sellers, or disputes between landlords and tenants. They can also assist with eviction proceedings, and handle issues related to mortgages and foreclosures.

All of these transactions require a legal expertise and can benefit from the guidance of a real estate attorney.

What Is The Importance of an Experienced Real Estate Agent?

An experienced real estate agent can be an invaluable asset when buying or selling a property. They have a deep knowledge of the local real estate market and can provide valuable insights into current trends and conditions. They can also help buyers find properties that meet their specific needs and preferences, and can assist sellers in pricing and marketing their properties.

An experienced real estate agent can help negotiate the best price for the property and help guide the process of buying or selling the property. They can also help the buyer and seller navigate the legal and administrative aspects of the transaction, and can make sure that all necessary documents such as the purchase agreement and estate plan, are properly executed. They also can help ensure that all deadlines are met and that the closing process goes smoothly.

Your estate agent can also help you get acquainted with insurances needed in real estate. They will give you more information about life insurance, homeowners insurance, renters insurance, pet insurance, car insurance and home insurance. They can also connect you to a financial advisor who can help you with personal finance, retirement planning, refinance rates, loan rates, property tax and other financial advice that you will need if you are going to get into a mortgage.

Having an experienced real estate agent can also be especially important in a competitive market, as they can help buyers move quickly and decisively when they find a property they want, and can help sellers effectively market their property and attract multiple offers. They also can provide guidance on the home inspection process, and can help navigate any potential issues that may arise.

Overall, an experienced real estate agent can help ensure that the buying or selling process goes smoothly and that the best outcome is achieved.

How Much Does Hiring an Experienced Real Estate Lawyer Cost?

The real estate attorney cost can vary depending on a number of factors, including the complexity of the transaction, the location of the property, and the attorney’s level of experience. In general, most real estate attorneys charge by the hour, with rates ranging from $150 to $450 per hour.

For a more straightforward transaction, such as the purchase of a single-family home, the attorney’s fees may be in the range of $500 to $1,500. For more complex transactions, such as the purchase of a commercial property, the attorney’s fees may be higher, ranging from $2,000 to $5,000 or more.

It’s also important to note that some attorney may charge a flat fee for their services, which can be more predictable and budget-friendly. However, some attorney may also charge additional fees, such as title search fees, document preparation fees, or closing fees. It’s always a good idea to ask the attorney for a detailed breakdown of their fees and any additional costs you should expect.

A real estate purchase is a big step. Choosing the right Santa Clarita real estate lawyer and broker who are licensed to practice their craft is very crucial. They will give you expert information on mortgage rates, legal advice, and home purchase. It’s important to find an experienced attorney who can provide you with a clear estimate of the costs involved in your transaction and to also shop around to compare fees and services.

Reach Out

Real estate services are just one facet of our expertise at Odom Law Group, APLC. If you’re ready to learn more about our team, let’s chat!

Contact Odom Law Group, APLC, at 661.367.1699 or email us at info@odomlawgroup.com. We can’t wait to meet you.