Monthly Archives: June 2020

Why Hire a Lawyer

If you have a complicated legal issue, you might be wondering whether you need to hire a lawyer. The reality is that there are several reasons why you should be looking for lawyers in Hackettstown NJ. It is important for you to make sure that your rights are defended by a trained legal professional.

The Law Is a Complicated Entity

You might be thinking that you don’t need a lawyer because you haven’t done anything wrong; however, if you are not a lawyer, then you shouldn’t act like one. The reality is that even experienced lawyers do not represent themselves in court. Therefore, you shouldn’t, either. Take the time to find a lawyer who specializes in your area of need. Then, ask them how they think you should proceed with your case. You might end up hiring them to represent you.

Not Hiring a Lawyer Could Be Costly

While you might think that the facts are on your side, this doesn’t mean the law will be. If you are dealing with a criminal case, a trained lawyer could help you stay out of jail. If you are dealing with a civil case, the financial stakes could be high. Even though you might not want to pay a lawyer, the price you could pay for not having one might be even higher. Make sure that you trust a trained legal professional to defend your rights and will always act in your best interest.

Hire an Experienced Lawyer

These are just a few of the many reasons why you need to hire an experienced lawyer to defend your rights. If you are facing a complicated legal issue, then you need to trust the experts. This entails looking for a law firm that specializes in your area of need. Make sure that your rights are defended. 

Who Should Hire an Accident Lawyer?

Many people feel overwhelmed after getting into a car accident as they struggle with injuries, face a mountain of medical bills, and must repair or replace their vehicle. Fortunately, most people involved in an accident can receive compensation from their insurance company or the at-fault driver, although they may not know the best way to negotiate their payment. It is times like these where hiring an accident lawyer can prove beneficial and help drivers get their bills covered.

Someone Who Is Facing Devaluation by an Insurance Company

While insurance companies advertise that they are on your side, they are businesses looking to make a profit. Paying out benefits when their clients are in accidents does not help them meet their goal and they will often try to drive down the value of your property. Years of experience have allowed insurance companies to become skilled at devaluing a client’s damage and reducing the payout after a claim. To combat this situation, try hiring an attorney to defend you. For instance, if you are in an accident in Michigan, an accident lawyer Detroit can help you get your maximum benefits.

Someone Who Lives in a No-Fault State

Certain states have no-fault insurance rules. This means you must turn to your insurance company for compensation after an accident, regardless of who is at fault. These companies are tasked with paying for your medical bills, repairs for your vehicle, and emotional damage. If your insurer tries to deny your claim or offer you the minimum amount possible, hiring an attorney gives you a chance at getting all your bills covered.

Whether your insurance company is trying to depreciate your property’s worth or you live in a no-fault state, if you have been in an accident you will likely need to negotiate with your insurance company. Hiring an accident lawyer can help you get maximum benefits after being injured in a car crash.

The Four Steps in Closing a Commercial Real Estate Deal

Closing on commercial real estate purchases involves each party being aware of their duties. There are not as many regulations for commercial real estate sales as there are for residential sales, so it is up to the buyer and seller to ensure the deal is good by going through four steps.

Photo by Austin Distel on Unsplash

1. Authority Verification

Because commercial purchases are often on behalf of a business or group of investors, there has to be a formal agreement on who has the authority to sign the legal documents that are part of the process. Property metrics explains authority verification is simply getting an agreement on who can legally sign documents on behalf of all the buyers or sellers.

2. Due Diligence

Due diligence is the process of checking out the details of the transaction. Since laws concerning commercial real estate are not as strict as those for residential real estate, there may be some information the parties fail to provide to each other. It is up to each party to make sure they understand the deal completely, including any issues, which means it may be a good idea to consult with a commercial real estate attorney Austin.

3. Escrow

Escrow is the process of paying money upfront to secure trust between the seller and buyer. There is an escrow agreement that controls the process and gives conditions to meet to come out of escrow and complete the sale. It will also cover how to back out of the deal should one party want to leave.

4. Document Finalization

The actual closing of the deal comes when both parties sign all documents and there is a transfer of payment. At that time, everything is final and the buyer takes possession of the property as the new owner.

Making the Purchase

The process of closing a commercial real estate deal is often more complex than a residential deal because of the type of property and the types of buyers and sellers involved. It is important to understand for those new to this industry.