Real Estate Lawyer

A real estate lawyer will carry out work in relation to property that is land or a building. Purchasing a home can be a very long and legal process. A real estate lawyer will make sure that the purchasing of the home is done in a legal and accurate manner. A real estate lawyer job involves preparing and negotiating transactions as well as organising the transfer of titles. Real estate lawyers are legally obligated to make vital decisions on the purchase of a home therefore, a real estate lawyer will help individuals or companies in the purchase of property or land. Real estate lawyers also need to help clients with making the right decisions on whether to sell their property.

Real estate lawyers will serve mainly buyers, sellers and lenders. As purchasing land or a building can be complex, a real estate lawyer should be able to assist on property matters. In order for real estate lawyers to find clients, it is important to network and build a relationship with clients in order to help them. The salary range for a real estate lawyer job will be between £60,900 - £75,700, depending on experience.

One of the main developments in real estate law is the introduction of the ‘Leasehold Reform (Ground Rent) Act 2022, which came into effect in June 2022. The main purpose of this act is to put a stop to landlords charging ground rent. Ground rent occurs when rent is paid under the terms of the owner and owners that fail to comply with this act will be heavily fined. Another significant act which developed real estate law was the introduction of the ‘Building Safety Act 2022’, which received royal assent in April 2022. This act is significant because, after Grenfell tower, there was the question as to whether other block of flats in the area were safe to live in. This act emphasises and strengthens safety in the construction of buildings and homes.