How a Real Estate Attorney Can Protect Realtors from Lawsuits
With multiple clients and properties at any given time – each with their precise details and challenges – even the most competent and honest Florida real estate professional risks something slipping through the cracks and leaving them liable to legal repercussions.
Breach of DutyThis is among the most common lawsuits brought against Realtors since they are held to a very high standard with regards to representing the interests of their clients. If you fail to keep your client in the loop about relevant developments in their transaction, or do not meet the timeframes stated in the contract, you can be found liable for breaching your contractual duty. That is why you must be incredibly thorough with every aspect of the transaction, from documenting every correspondence with each party to working diligently to ensure contract deadlines are met.
Leave it up to your Jurado & Farshchian Real Estate Attorney to assist you in handling these critical details. Our lawyers will conduct a meticulous and extensive title examination of the property, scrupulously review the sales contract, and ensure that all lender requirements are complied with. In short, we will do whatever it takes to ensure that your obligations to your clients are fulfilled comprehensively and effectively.
Giving Legal AdviceNon-attorneys are prohibited from giving legal advice, though that does not stop many well-meaning real estate professionals from addressing the legal concerns of their clients instead of a legal expert. No matter how good your motives may be, if you provide legal advice and your client acts on it to their detriment, you will be liable.
Having our attorneys by your side eliminates this risk. Our team is familiar with all the relevant laws and regulations related to Florida real estate. Whether it is explaining certain contractual provisions or lender requirements, or resolving any legal disputes or concerns that may arise during the transaction, we will handle all the nuanced and tricky legal aspects of the closing so that you can concentrate your time, energy, and expertise on what you know best.
Failure to Take PrecautionsFor all its rewards and opportunities, Florida real estate can still harbor many risks to both sides of the transaction. As a real estate professional, you are not only responsible for fulfilling your client*s real estate goals but must also protect them from various liabilities. Realtors who do not take the necessary precautions to safeguard their clients * such as failing to protect a client*s data, not recommending inspections, or neglecting safety precautions during a showing * will leave themselves open to a lawsuit.
Fortunately for you and your clients, our experienced real estate attorneys are adept at finding any and every possible risk throughout the transaction and mitigating them accordingly. We will make sure that the closing does not occur until we are totally certain that all precautions have been made expeditiously and carefully.