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The Role of the Attorney in a Residential Real Estate Closing

l.Why do you need a "real estate" attorney?
      A. Efficient and timely preparation and delivery of Contract of Sale.
      B. Knowledgeable about environmental issues.
      C. Familiar with judicial interpretation of real estate contract.
      D. Experienced in negotiation of terms and provisions of the real estate Contract of 
           Sale.
      E. Office support staff knowledgeable about real estate matters.
      F. "Deal Maker" instead of "Deal Breaker".
      G. Available, accessible, accommodating.
      H. Has relationships with banks, other attorneys, title companies, county clerk.
      I.  Recognizes and respects role of realtor in transaction.
      J.  Pro-active approach to avoiding surprises and problems in order to insure smooth
          closing.

2. Obtaining relevant information necessary to prepare Contract.
      A. Review of existing documents, including survey and title insurance policy.
      B. Original Seller's Deed not required.
      C. Certificate of Occupancy for house, decks, additions, pools, open building permits,
           etc.
      D. Current Real estate tax exemptions on the property.
      E. Asbestos, Radon, Lead, Underground Oil Tank
      F. Mortgages, Liens and Judgments.
      G. Disclosure of defects and other pertinent information.
      H. Plumbing, heating and electrical systems and appliances in working order and roof
           free of leaks.
      I. Existing Service Contracts.
      J. Leases affecting the property.

3. Preparation of Contract of Sale on Seller's Behalf
      A. Prepared by Seller's Attorney.
      B. Should be sent out to Purchaser's Attorney IMMEDIATELY.

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