OfflineSo heres my question, do all contracts have to be reviewed by an attorney? I have used a options contract from uslegalforms.com for my state of NC and after having the seller look over we went to an attorney to sign and have it notorized. WAS THAT NESSECARY??
1. All contracts must have a notary (2)?
2. Do all contracts have to be reviewed by a lawyer?
3. I know we can file the contract with the register of deeds to make that contract valid, can I register the contract WITHOUT an attorney's approval? Any answers especially from anyone residing in NC would be greatly appreciated.
Proudly serving God, You, and Country,
Edwin Epperson
"The greatest mistake you can make in life is to be continually fearing you will make one."
-Elbert Hubbard
It doesn't hurt
But if he/she has an attorney you SHOULD get one as well; they can have provisions put in that heavily or completely favor them
Should be notarized to reinforce validity and to ensure no funny business
if you're thinkng of this simply to save money, you may wind up spending more
They don't. It was an agreement of an option that we determined together without representation. I was just informed by a Realtor, that even a verbal agreement could "technically" by valid, only it wouldn't hold up in court. And seeing as when ever we purchase the property we will have a purchase and sales agreement drafted then the option is really just so I have legal rights to assign the property thats all I was looking for, anyway. Obviously I'll have an actual purchase and sales contract drafted up for the closing. I was just confused and thought that an attorney had to literally draft all documents up for any RE deal. I was confused about how Dean and the others were using these doc available through the site to lock up and sales properties. And really it seems that if you have a title company do the title search and you both sign the purchase and sales agreement then you still don't have to have an attorney, as long as both parties represent each other without one haveing an attorney??
Proudly serving God, You, and Country,
Edwin Epperson
"The greatest mistake you can make in life is to be continually fearing you will make one."
-Elbert Hubbard
Go with the advice from elix on this. You always want someone to review contracts and offers just to tweek them if need be. Spend a few $$ now and save a lot of $$ down the road....Jan ( Ssgt 18 bravo)