Reduce Transaction Costs While Selling Your Property With Fredyoung and Evans

Posted by Fredyoung on August 25th, 2016

We all have to sell or buy property at some point of time. Selling or buying of property involves financial transactions. And just like any other financial transactions it involves legal costs and transaction costs.

A real estate transaction is the process in which rights of a property are transferred between two or more parties. It can become quite complicated sometimes due to the complexity of the property rights being transferred, the amount of money being exchanged and government regulations. Conventions and legal requirements also vary considerably among different countries of the world.

In other words, a Real Estate Transaction, like other financial transactions, causes transaction costs. To identify and possibly reduce these transaction cost our organization can help you.

Real estate transactions are governed by a number of federal statutes and a combination of statutes and common law. The requirements established by a state law sometimes differ significantly from one state to another.

Real estate brokers are employed as the agent of the seller who can find a buyer for the property. The contract between the real estate broker and seller is called a listing agreement. The agreement may be an open agreement where the broker earns a commission only if he or she finds a buyer. Real estate brokers and salesperson are licensed and regulated by the law.

The agreement to sell between a buyer and seller is governed by the general principles of contract law. It is commonly needed in real estate contracts that the seller is the owner of the property to be sold. The seller must have proof of title to all the property he or she is selling.

We are also involved in the practice of labor and Employment Law Services in both the public and private sector. We assist our clients in finding solutions to complex human resource issues. Our team of experts with years of experience in this field can help you.

Discrimination laws have been on the books for many years but presently employers are experiencing an increase in litigation under these laws. Areas such as sexual harassment, age discrimination are now important to employers. Many of our clients have successfully maintained union free relations with their employees. We have experience in assisting employers to develop employment policies designed to keep continued union free status.

Employers using employment contracts must have a document which clearly reflects the agreement and gives adequate protection to the employer. Regulations regarding the employer-employee relationship have changed significantly and we regularly counsel clients about the changes.

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Joined: April 28th, 2016
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