Needham Real Estate Lawyers

Find the right Real Estate attorney in Needham, MA

Real Estate Law in Massachusetts

In Needham, real estate law can affect just about anything involving the use, purchase, or sale of land and fixtures to land, such as buildings.

The several laws affecting real estate in Needham can sometimes feel overwhelming in their volume and complexity. This might apply doubly when your case involves a foreclosure, or a construction dispute.

Thus, if you're planning on engaging in any kind of real estate transaction, it's essential that you learn at least the basics of real estate law in Needham.

Some understanding of the proper law can give you an advantage in almost any situation. In the real estate instance, it can help you spot illegal terms in lease agreements, give you some idea of what your rights are in a dispute, among other things. If nothing else, knowledge of the law can help you spot people who are willing to break it, so you can avoid dealing with them.

Common Real Estate Law Issues in Needham

Financing: Most people are unable to make major real estate purchases in Needham with cash, because few people have that kind of money on hand. Therefore, to buy real estate, most entities use a mortgage. This is a loan used to buy a piece of property. When the loan is issued, and the property purchased, the lender holds a security interest in the property until the loan is paid off, with interest.

Zoning: Zoning regulations control what types of structures are allowed on various parcels, based on their location in a municipality. For example, some areas in a city might be zoned only for residential use. Another area might permit industrial use. These rules are meant to keep property values up, and promote harmony among neighbors by preventing conflicts.

Duty to Disclose: sellers of real estate, especially houses and other residential property, are legally bound to tell the buyer about any defects in the property that the seller knows about, and that the buyer couldn't easily discover on his own (mold or termite problems are prevalent examples). If the seller fails to make such disclosures, he or she could be liable for any harm the defect causes to the buyer, as well as the cost of repairing it. If the seller intentionally conceals or lies about the defect, he or she might also face punitive damages.

Implied Warranties: In Needham, every residential rental agreement carries with it a warranty of habitability, in which the landlord implicitly promises that the unit is fit for human habitation. This applies whether or not such a warranty is stated in the lease agreement, and it still applies even if the landlord tries to disclaim any such warranty. There are many conditions that might make an unit uninhabitable. A few examples are a lack of electricity, no running water, or no heating.

Can a Needham Real Estate Lawyer Help?

The issues briefly discussed above, as well as many others, can be very intricate. Accordingly, if you are engaged in any real estate transaction, it's never a bad idea to first consult with an experienced Needham real estate attorney.

Talk to a Real Estate Law Attorney now!

Life in Needham

Needham, Massacheutts is considered one of the more desireable suburbs of the state's capital of Boston because of the great school system, thriving professional community, and strong sense of community that Needham fosters in its 30,000 residents. Originally founded in 1680, Needham was a rather unsuccessful farming community before realizing success in other industries. There is still some colonial charm in the city-- it still governs itself with a representative town meeting. With only one public high school and middle school, the small town feel is also felt in the city's education. A commuter suburb of Boston, many successful professionals have also set-up office in Needham. For instance,Needham is home to a packing plant for popular market chain Trader Joes. In addition to great supermarkets,Needham also has great lawyers. Lawyers specializing in a range of legal practices are available to help their fellow citizen with any issue he or she may find find themselves confronted with.

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