Frequently Asked Questions About Real Estate Lawyers Media Pa
A **deed** is a legal document that officially transfers ownership of a property from the seller (grantor) to the buyer (grantee). There are different types of deeds, such as a **warranty deed**, which guarantees clear title, and a **quitclaim deed**, which offers no such guarantee. A real estate attorney ensures the correct deed is used and properly recorded to establish clear ownership.
Both are types of **liens** (legal claims) against a property, but they arise differently. A **mortgage** is a consensual lien, voluntarily placed on the property to secure a loan. A **tax lien** is an involuntary lien placed on the property by a government authority to secure unpaid taxes. Unlike a mortgage, a tax lien can lead to a forced sale of the property to satisfy the tax debt.
A **title search** is an examination of public records to determine a property’s ownership and identify any liens, easements, or other defects that could affect the title. **Title insurance** protects the buyer and/or lender from financial loss caused by undiscovered title defects. A real estate attorney can manage the title search process to ensure you are buying the property free and clear.
An **easement** is a legal right that allows one party to use another person’s property for a specific purpose. For example, a utility company might have an easement to run power lines across your land, or a neighbor might have an easement to use a shared driveway. Easements can affect a property’s value and use, so they must be identified and understood before a purchase.
Real estate disputes, such as boundary conflicts, contract breaches, or landlord-tenant issues, can be resolved through various methods. Many are settled through negotiation, mediation, or arbitration. If these methods fail, a real estate lawyer can represent you in court to pursue or defend a lawsuit and protect your property interests.