Real Estate Attorney
The Real Estate Law Team of Maiello, Brungo & Maiello is comprised of attorneys with experience in virtually every type of real estate transaction. We provide our clients with responsive and efficient legal services all throughout their real estate projects and developments. Our experienced real estate lawyers have guided clients – both locally and nationally – through transactions ranging from sophisticated property acquisitions and turnkey developments to complex commercial leases. We know and understand the perspectives of everyone involved, including landlords, tenants, buyers, sellers, lenders, and borrowers.
Experienced Real Estate Lawyer Serving Pittsburgh, Wexford & Southside
Maiello, Brungo & Maiello is experienced with the selling and acquisitioning of property, financing, real estate development, and the leasing of the following:
- Retail centers
- Commercial office parks
- Industrial sites as well as residential projects
- Flex developments as well as mixed-use developments
- Warehouse buildings
- Manufacturing buildings
- Raw land
Our experienced real estate attorneys have represented buyers and sellers through all aspects of the acquisition and development of real estate. Our real estate lawyers have counseled clients on construction, financing, environmental, zoning, taxation, title insurance, and other issues associated with land use and development. We have represented both private landowners and public entities in the negotiation of tax incremental financing (TIF) and tax abatement arrangements (LERTA). Our real estate attorneys in Pittsburgh are uniquely positioned to service our real estate clients because of their ability to join the expertise of the firm’s Construction Team and Banking & Finance Team in representing our clients.
We also represent clients in negotiating and drafting purchase and sale contracts, ground leases, site development agreements, and property management contracts. Maiello, Brungo & Maiello is an approved law firm for title insurance matters and conducts closings for local and national lenders in Pennsylvania. As a result, Maiello, Brungo & Maiello delivers efficient and responsive legal services to its real estate clients.
Why Should You Hire a Real Estate Attorney?
As a buyer: The only way to make sure that your interests as a buyer are protected during a real estate transaction is to hire a real estate attorney. It’s important to understand that the seller’s broker is only concerned with protecting the seller’s interests.
As a seller: Brokers typically demand a 6- to 12-month duration of exclusivity where you are not allowed to work with any other brokers They also typically demand a commission, even if they are unable to help you close on a property or after your agreement ends. Clauses like these pose a risk to you as a seller in the even that your broker performs poorly. A real estate lawyer will review your broker agreement to make sure that you are not taking on an unreasonable risk.
Minimizing Risks for Buyers and Sellers
As a buyer: A major risk for buyers is poor title insurance. Often, brokers are associated with title insurance companies so that they can make profits when buyers purchase title insurance through their affiliates. However, purchasing said insurance through a broker’s affiliate might not be in your best interest because title companies often look for loopholes to avoid paying or defending certain claims. Your real estate attorney, on the other hand, will order title insurance from a company that is much more likely to honor its obligation to you.
As a seller: Another role of your real estate lawyer is to make sure the sale agreement protects you from unlimited liability. Any contingencies that surface as the result of of inspections or the buyer’s actions should be fair and limit your liability.
Solid Legal Guidance You Can Trust
Brokers and agents aren’t necessarily qualified to accurately explain the legal details of any contracts or agreements associated with real estate transactions. Without the legal guidance of an experienced real estate lawyer, you could inadvertently sign an agreement or addendum that won’t do what it says it will do.
Removing Barriers to the Sale
A common example of a barrier to a sale is a property lien. A real estate attorney will review the title report in order to identify any legal obstructions. If such an impediment is found, your real estate lawyer will work with you and even the insurance company to address the problems prior to the sale.
No Nasty Surprises at Closing
One of the last things you want when working on a real estate sale agreement is for problems to crop up at closing. Your real estate attorney will not only thoroughly explain the closing documents, but will also help you negotiate any sudden changes and insert the right language into the agreement.
Do you have any question related to real estate litigation? Feel Free to call us to consult with an experienced real estate lawyer now!