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Welcome To Bankhead Law Firm
Welcome To Bankhead Law Firm
Contract Preparation

An agreement to purchase or sell real estate is only binding if it is put in writing and certain terms and conditions are agreed to. Realtors are experienced with contract preparation but only an attorney can tell you if a contract is legally enforceable. Because of the amount of money involved in most real estate transactions, if you have any questions about the contract it is a good idea to have an attorney review or possibly prepare it. According to Mississippi law, a residential real estate contract must contain certain disclosures regarding the condition of the home. Commercial contracts have different requirements and are usually more suited for the particular commercial use contemplated.

The enforceability of a contract is important for a number of reasons. If there is a dispute during the closing process, the contract will ultimately determine which side prevails. Even in the absence of a dispute, the final terms and conditions of a transaction will depend almost entirely on what is put down in the contract. Because of the large financial commitment common to most real estate contracts, it is a good idea to get legal advice if you have any questions regarding the contract.

Welcome To Bankhead Law Firm