St. Louis Real Estate Contract Lawyer
The sales contract that guides most residential real estate transactions in St. Louis City, St. Louis County, Jefferson County and St. Charles County is a standardized form drafted and approved by the Bar Association of Metropolitan St. Louis and the St. Louis Realtors. Considering such, if you used a Realtor to buy or sell your real estate, he or she is likely using a quality contract. Problems occur when the buyer, seller or a representative fails to follow the terms of the contract; the seller does not fully disclose information concerning the property as required under Missouri law; or a seller and buyer who are not represented by a Realtor find a contract on the internet and fill in the blanks. Keep in mind the key purpose of a real estate contract is to guide you through a smooth transaction, with each party knowing his or her respective rights and obligations. The secondary purpose of a real estate contract is to protect the buyer or seller when the transaction goes bad.
Missouri Residential Real Estate Transaction
If you find yourself in a Missouri residential real estate transaction that has gone bad, you will likely need a real estate contract lawyer. Missouri residential real estate law provides many protections for the sale and purchase of real estate. If a seller or buyer has backed out of a contract after all contingencies have been satisfied, a suit for specific performance and breach of contract may be used to force the seller or buyer to complete the transaction or provide compensation to the damaged party. If a real estate agent failed to perform his or her duties or violated a Missouri law set out by the Missouri Real Estate Commission, a lawsuit involving the agent’s errors and omissions insurance may be necessary. A real estate transaction can go bad at so many points and in so many ways, it is important that you have a real estate contract law firm that specializes in real estate on your side.
Contact Our Real Estate Attorneys
From offices in South County and Chesterfield, TdD Attorneys at Law LLC represents clients in communities throughout the metro area and Missouri. Contact attorney Ted Disabato at 314-527-3224 to schedule an initial consultation with an experienced real estate contract law firm.
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