Real Estate - Console Matison LLP

Real Estate Law

Serving Philadelphia and surrounding counties

Real Estate

Experienced Philadelphia real estate attorneys protecting your property rights.

With a focus on real estate law in Philadelphia, and the Pennsylvania and New Jersey suburbs, our firm boasts extensive experience catering to a diverse clientele, from developers embarking on large-scale projects to individual property owners seeking legal guidance. We’ve represented clients across a spectrum of real estate transactions, including acquisitions, dispositions, financing, and refinancing. Whether facilitating intricate business negotiations or advocating for you in litigation proceedings, our priority is always to secure the most favorable outcomes for our clients with a commitment to integrity and efficiency.

Our firm offers comprehensive legal services covering corporate as well as personal matters. From structuring large scale real estate purchase and development transactions to assisting individuals with their “smaller” property concerns, we provide tailored solutions to meet the unique needs of each client. With a keen understanding of the complexities inherent in the real estate market, we strive to offer guidance that not only safeguards our clients’ interests but also aligns with their strategic objectives, whether they are business-driven or personal in nature.

Navigating the intricacies of real estate law demands a nuanced approach, and our team is well-equipped to handle such challenges. Whether it’s negotiating terms, drafting contracts, or resolving disputes, we leverage our expertise to navigate clients through every stage of the legal process. By staying abreast of evolving regulations and market dynamics, we ensure that our clients receive informed counsel that empowers them to make sound decisions in their real estate endeavors.

Console Matison LLP stands as a trusted partner in all matters pertaining to real estate law. From inception to conclusion, we are committed to delivering exceptional service that exceeds expectations. Whether facilitating seamless transactions or providing zealous advocacy in legal proceedings, we remain dedicated to safeguarding our clients’ interests and fostering their success in the dynamic world of real estate.

What is Real Estate and Property Law?

In law, real estate or real property refers to land and buildings. The law governing real estate affects the ownership, sale, and use of real property. As property rights are among the most important rights we have, there are federal, state, and local laws regarding property. Moreover, there are many legal issues associated with the use and transfer of property.

In real estate law, zoning laws determine land use locally, but federal and state laws regulate environmental and natural resource use. Real estate may be residential or commercial. It may be owned or rented.

Property law includes other aspects of ownership and tenancy, including the following areas:

Title Law: This area of law determines property ownership and includes title insurance, property liens, adverse possession, and other clouds on the title.

Landlord-Tenant Law: Renting income property can be lucrative, but there are legal issues for both landlords and tenants. A property owner should know how to lease property before taking on tenants.

Tax Law: Owning property can be a huge tax break. It’s important to have someone who can explain how to take advantage of your property and ensure you don’t do it wrong.

Estate Law: Keeping property in the family is as important today as in medieval England. Today, laws determine how family members can inherit property and the legal documents that must be included with the will or trust to make that happen.

Why would you need a Real Estate Attorney?

You don’t need an attorney at every step of the property buying process, but there are some things you should discuss with an attorney. In order for the home to be taken off the market, buyers must make a down payment. The down payment is held in an escrow account until negotiations have been completed between the buyer and seller. A buyer usually places money in escrow before applying for a mortgage or negotiating the price of the house.

A mortgage loan is the next step in the process. To get a mortgage loan, the new owner gives the lender ownership of the house as collateral against the loan. The terms of the mortgage are an important part of the home purchase process. Your attorney should review these documents with you.

A real estate purchase includes a title search. Your real estate lawyer can help you find a title company that can perform this search. This verifies that the current owner has the right to sell the property and that no one else has bought it or has a judgment lien on it. If there is a legal action following the sale, buyers should buy title insurance. It gives you peace of mind in case anything goes wrong.

An important part of a real estate closing is the purchase agreement. New homebuyers and attorneys need to carefully review the contract to make sure everything discussed during negotiations is included. Some states require an attorney’s presence at the closing, but others do not. Check your state laws carefully.

We offer a free case evaluation to all potential clients.

Practice Areas

Real Estate

Zoning & Land Use

Probate & Estate Admin

Divorce

Custody

Child/Spousal Support

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