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Understanding Your Real Estate Contract

Whether you are buying a new home, leasing a commercial building or breaking ground on a new development, you will have to deal with real estate contracts. Indiana law does not recognize verbal agreements regarding real property. Any agreement involving land must be in writing and include all essential terms of said agreement. A legally accurate and comprehensive written contract for your real estate transaction is your first step to a successful project.

Adam D. Decker, Attorney at Law, P.C., is ready to assist developers, contractors and homeowners with all types of real estate contracts. Attorney Adam Decker has over 25 years of legal experience and as a solo practitioner, he provides every client with the attention they deserve. He will take the time to answer your questions and thoroughly review your documents to make sure they meet your needs and goals.

Purchase Agreements Are The Cornerstone Of A Land Sale

If you plan to sell or purchase real property, you should have a purchase agreement that thoroughly defines the terms of the sale. Certain aspects of a purchase agreement are universal, but many of the terms depend upon the type of property, the financial conditions placed on the agreement and the goals of both parties.

Make sure your purchase agreement achieves your goals for the sale. Whether you need someone to draft your purchase agreement or to review one that another party already prepared, Adam Decker will make sure your purchase agreement sets you up for a successful transaction and protects you if the sale does not go through.

Do You Know Your Rights Under A Lease?

Whether you are the property owner or the renter, you need to know your rights and responsibilities under a lease. Indiana leases vary, depending on whether it covers residential or commercial property. Basic terms you should look for include:

  • Length of the lease
  • Amount and timing of lease payments
  • Cancellation provisions
  • Ability to sublet
  • Responsibility for utilities

An experienced lawyer can recognize problematic lease provisions, including those that could be illegal under Indiana law.

Know What You Are Signing

There can be a lot at stake in a real estate deal. Real estate contracts are binding legal documents and should not be signed lightly. It pays to know exactly the types of commitments your documents require of you and the other parties involved. Attorney Adam Decker will take the time to ensure that you understand the fine print so that you do not encounter surprises down the road. If you run into problems during your sale or project, he can guide you through it.

Adam D. Decker Is Ready To Review Your Documents

Don’t enter into a real estate contract without legal guidance. Contact Adam Decker today to schedule a free initial consultation. You may call his office in Crown Point at 219-306-4837 or send a message online.