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Real Estate Contracts

Real estate contracts are often very large and filled with legally-dense language, in addition to boiler plate language. They can be difficult to understand and require review from an experienced real estate contract attorney. Our lawyers at Platt & Westby, P.C., have extensive experience with all aspects of real estate contracts: drafting, reviewing and negotiating.

Why Do I Need A Lawyer? Isn't a Realtor Enough?

Huge sums of money may be tied up in real estate contracts, such as a purchase agreement or other contracts to buy a home or piece of property. In fact, for the average American it is the most amount of money in a single transaction that they will ever enter into. It is essential that you have a lawyer review contracts before you sign them to ensure that you fully understand what you are signing. If you do not understand and sign anyway, you may be obligated to follow through on the terms of the contract that you would not have agreed to in the first place.

For matters of this importance, your Realtor is your first line of defense. The role of an experienced Real Estate Attorney is to take a fresh look at your contract and ask questions to make sure that the contract states what you believe it to state; to make sure that all promises that have been made to you are actually incorporated in your contract. Your attorney will also examine the way the transaction is structured.  There may be a better way.  In many cases, Realtors tend to structure similar transactions in similar ways. This may not always be best. Also, Realtors have a built in conflict of interest—they do not get paid unless your transaction closes. Your lawyer has no such conflict and you can rely upon him or her to give you undivided loyalty and advice that is in your best interest.

We handle all types of real estate contract matters, such as:

  • Buy/sell agreements
  • Purchase agreements
  • Lease agreements (residential and commercial)
  • For sale by owner (FSBO) contracts

Lease Agreements

A large portion of our real estate contracts practice is devoted to handling the review, drafting and negotiation of lease agreements. We work on behalf of landlords, individual tenants and business tenants in a variety of capacities to ensure that our client's best interests are being upheld by the lease agreement that is at issue.

If you are a business tenant entering into a commercial lease agreement, it is especially important that you have an attorney on your side to review the agreement. The monthly amount you pay may seem small, and advantageous for you. However, upon further review, it may be discovered that the total amount over the course of the lease is a large figure and not in your business' best interests. Beware of CAM charges. Additionally, our attorneys can draft language into the lease agreement even when there is a standard contract and the Landlord leads you to believe it is a "take-it or leave it" contract. Knowing your options is half the battle. Also being familiar with the real estate market can give you great bargaining power during your negotiations. Our attorneys are knowledgeable about both contracts and real estate.

Consult With An Experienced Real Estate and Contract Attorney

Contact our office or call 602-277-4441 to schedule an appointment to discuss your real estate contract concerns with an experienced Arizona real estate attorney or contract lawyer at Platt & Westby, P.C.

If you have a legal question, contact us. We can help.

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