Legal Opinion For Property, Land, Title, Loan
- LEGAL OPINION FOR PROPERTY- There are a lot of documents involved in buying a property and each document should be scrutinized and verified before proceeding with the transaction. To be confident about the authenticity of the documents provided and whether all the important documents are in place, it is always advisable to have a legal opinion for land or any other immovable property before purchasing one.
- TITLE OPINION- A title opinion is a report drafted by an attorney explaining the status of ownership of a certain property. The title opinion is based upon the attorney’s review and findings of the property records in the place where the property is located, also known as title search. The title opinion states any defects in the title to the property or other issues that is associated with the property and which could result in the buyer not having a clear title to the
property. Seeking a title opinion form a legal practitioner will help the buyer avoid title disputes in the future.
- LOAN OPINION LETTER- Legal opinion for loan is an important part in any commercial real estate development, acquisition or refinancing. Legal opinion for loan provides the lender with some affirmations on the borrower’s compliance with the local laws, determining whether the parties have authority to transact with the lender and the lender and borrower will be bound by the transaction documents.
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