What does real estate lawyers do in India?

In India, a real estate lawyer is a licensed expert who supervises all real estate deals including real estate law. They are in charge of drafting, reviewing, and negotiating the terms and conditions of the legal documents used in real estate transactions. They handle everything, including looking up a property’s title and settling any real estate-related problems. In accordance with customer requests, they must create title search certificates and look for any pending litigation on a property.

Exactly what do real estate lawyers do?

From a property’s title search to dispute settlement, real estate attorneys handle it all. To ascertain whether the title is clear for sale or development, they must perform the necessary due diligence on the property. After that, they must produce title search reports or title search certifications in accordance with the demands of their clients. To discover a reasonable and cooperative solution for their clients, they also look for active mortgages and litigation on the property. On a variety of property-related issues, they offer their clients advice. MOUs, lease agreements, leave and license agreements, etc. are all written by them. They also deal with conflicts relating to land or property. Apartment purchasers as well as developers or promoters are among their clients. So, if you’re a developer looking to acquire land for the purpose of developing a property, you need to contact a real estate attorney.

What qualifications are necessary for a real estate lawyer?

What kind of skill sets are necessary for a successful career in real estate law, then, was one of the queries I put to the real estate attorneys. What qualities do prospective companies seek for in candidates when hiring was another query.

• Familiarity with real estate laws: The different real estate-related laws, rules, regulations, and bylaws must be thoroughly understood by a real estate lawyer. These attorneys must be able to serve a potential client from beginning to end. They may receive a request from a client for a leave and license agreement or a straightforward title search certificate. Or a developer might visit to determine what his obligations under the terms of the contract are to the client or whether the delay can be explained by an unexpected event.
• Drafting of contracts: Every lawyer, including real estate attorneys, must be able to design contracts. Both the legislation and the proper drafting of contracts for their clients must be known to them. For instance, a developer or promoter embarking into the development of his property would first engage into an MoU with the possible partner.
• Resolution of Conflict: Immovable property problems must be brought before the appropriate court. Depending on the type of issue, parties could have gone to civil courts, high courts, or consumer forums prior to RERA. Real estate attorneys are required to be familiar with the process for resolving disputes, the guidelines for each forum, and other pertinent information. A complaint can be made to RERA against the defaulting party, in this case the developer, if they have neglected to grant ownership of the property for longer than a year. Along with the necessary fees, copies of any pertinent agreements, such as developers agreements and memoranda of understanding, must be submitted. The matter must then be resolved by RERA within 60 days of filing.

With these laws in existence, a real estate attorney must help his client by settling the case amicably. This calls for in-depth understanding of the applicable laws, examination of the contracts, procedural knowledge, etc. A real estate lawyer must be able to clearly advise his clients on potential issues that may arise and, to the best of their abilities, protect them from the same.

Real estate law offers attorneys the chance to gain knowledge and experience in a wide range of laws, making it both a lucrative and fascinating area of the law. Laws and regulations are constantly changing, which keeps law firms on their toes and helps them stay at the top of their game. The demand for legal counsel and disputes involving property never seems to slow down, therefore the market for real estate lawyers is constantly growing.

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