Real Estate Closing Attorneys in Murfreesboro
Buying & Selling Residential & Commercial Real Estate
For many people, purchasing property represents the largest financial transaction they will face in their lives. Without an experienced legal professional guiding the proceeding, certain factors could throw the transaction into disarray. With a knowledgeable Murfreesboro real estate closing lawyer on your side, you can avoid pitfalls that might otherwise halt your transaction.
Murfree & Goodman, PLLC, is prepared to represent clients in both large and small residential and commercial closings. We represent buyers and sellers and have experience in both small closings and multimillion-dollar transactions. Put our wisdom to work for you.
Schedule a consultation with our real estate attorneys by calling (615) 895-7000 today.
Why Hire Real Estate Lawyers to Assist with Closing?
The closing process in a real estate transaction involves a meeting of the buyers and sellers, a signing of all the necessary documents, and the transfer of payment from the buyer to the seller. At the conclusion of the closing, the buyer leaves with the rights to the property.
A real estate closing attorney is responsible for organizing, carrying out, and completing the closing procedures. Although hiring a real estate attorney for the closing of a transaction is not mandatory in Tennessee, it is strongly encouraged. With so much at stake when purchasing or selling property, hiring a legal team to assist with your closing ensures that your best interests and assets remain protected throughout the process.
Our real estate lawyers are here to represent you in all matters related to a closing transaction, including:
- Verifying that the seller has the legal rights to transfer the deed of property
- Identifying and resolving all unpaid mortgages, liens, easements, and prior conveyances before the transaction takes place
- Working with insurance firms to protect the property from division in the event of any claims of ownership, liens, or easements
- Ensuring that all legal requirements are satisfied by the parties involved
- Merging all the information about the property into an individual closing document
- Explaining all of the information in the closing document to all parties involved
- Presenting the terms of the transaction, discussing such topics as the title search, the probability of damages, and the quality of the contract
- Ensuring that deeds, payoff letters, and insurance documents are accurate and finalized
What Are Restrictions?
Based on where the property is located, there might be certain restrictions that can impact what a buyer can ultimately do. Many factors can influence restrictions, including city ordinances, environmental concerns, and private covenants, conditions, and restrictions placed on the use of the property.
Additionally, there might be language built into the purchase agreement that the buyer is not aware of. For example, there might be a restriction on a commercial property that limits the height of signs that can be placed on the premises. It is important for a buyer to know whether a restriction would inhibit the buyer’s anticipated use of the property. With our experience and understanding of real estate law, we can uncover restrictions and educate our clients about the impact these restrictions may have. In some cases, we can even work to get these restrictions altered or removed to suit the client.
Discuss Your Matter with Our Property Title Lawyers
As a title agency for Chicago Title, we are trusted with both large and small matters and have a reputation of quality work. Our team of dedicated professionals includes a real estate coordinator who is devoted to real estate closings full time. It is our goal to ensure the real estate process runs smoothly from start to finish.
Throughout Tennessee, if you are concerned about title insurance or real estate closing costs, we invite you to schedule a consultation at our firm. By calling or emailing us, you can discuss your specific situation and receive clear legal guidance.
Contact Murfree & Goodman, PLLC, at (615) 895-7000 today to schedule a consultation with our Murfreesboro real estate closing attorneys.
Broad Range of Clients
Our lawyers have represented a broad range of clients, including local families, Tennessee businesses, regional and national real estate developers, and large corporations with a global reach.
Focused Fields of Practice
We have extensive experience representing clients with Estate Planning, Probate, Real Estate and Business Law matters. Make us your first call. If we cannot help you, we will refer you to someone who can!
Established History in Our Community
We have served clients in Tennessee and beyond for over 50 years and have deep rooted history in the community of Murfreesboro. We continue to promote and sponsor our beloved hometown continuously.
We're a family-based firm that understands the importance of tackling every case with personalized and strategic solutions.
Do you need legal guidance regarding Estate Planning, Probate, Real Estate or Business Law? We have extensive experience and will approach your case with a custom tailored solution.