Orange County, CA Real Estate Lawyer You Can Trust
Real estate transactions in Southern California often involve very sensitive negotiations. With so much money at stake, it's often important that such information remains private. That's why it's critical that you understand all the legal options available to you. That's why you need to talk to the Law Offices of Daniel C. Carlton.
Attorney Dan Carlton can explain all the legal options available to you. And one of the most common - and most effective - purchase and sale litigation tools you have at your disposal for keeping information about your real estate transaction private is having a non disclosure agreement for all parties involved in the purchase or sale of a property.
What is a Non-Disclosure Agreement?
This standard real estate document does exactly what its name implies. Everyone who signs this document (seller, potential buyers, real estate agents, etc.) agrees to not disclose the details of the purchase or sale, including even in the preliminary stages.
Such agreements are often created in order to prevent other real estate agents or brokers from poaching potential buyers for the property and claiming the commission themselves, something that often occurs in Southern California's highly competitive real estate market. But there are many other reasons why people choose to have a non-disclosure agreement for a property.
How Non-Disclosure Agreements Benefit Buyer
Prospective buyers who sign a non-disclosure agreement when considering purchasing a property often have an advantage over potential buyers who refuse to sign such documents. Specifically, buyers who sign such agreements often have access to information that might be withheld from potential buyers who refuse to sign such documents. And the more information you have before purchasing a property, the better.
How Non-Disclosure Agreements Benefit Seller
One of the most annoying aspects of selling a property often involves dealing with countless people or real estate agents making low-ball offers that don't even come close to your asking price for your business or residential property.
By requiring potential buyers to sign a non-disclosure agreement, many casual buyers will likely not put in an offer since they might not be aware of the sale. That's because some real estate agents or brokers will refuse to sign such documents because they're simply looking to make a quick, low ball offer to buy a property.
Why Choose Us
Non-disclosure agreements can be very beneficial for everyone involved. But if such legally-binding documents are not written correctly, someone could challenge the legality of your non-disclosure agreement, making the purchase or sale of a property even more complicated and expensive than necessary.
Attorney Carlton understands all the nuances and complexities associated with non-disclosure real estate agreements in Orange County and throughout Southern California. That's because he has been practicing law here for more than 40 years. He understands the potential pitfalls and problems often associated with real estate transactions. And he knows how to anticipate and prevent them.
Find out what our legal team can do for you. Contact us today and schedule an appointment.