Oklahoma City Real Estate Attorneys
The real estate lawyers at Postic & Bates represent clients in both commercial and residential transactions involving real property, including the preparation of deeds, purchase and sale agreements, seller financing arrangements, lease agreements, quiet title actions, and more.
Our attorneys can also advise you in protecting your real estate and other assets with a limited liability company (LLC), corporation, or other business entity. Rental properties, farmland, or other non-homestead real estate can be a great source of income; however, it is also a potential source of liability. We help clients limit that liability by preparing articles of organization, operating agreements, bylaws, corporate minutes and resolutions, and other documents to create a legal entity that affords protection while maintaining flexibility and control.
Even if you have one, an LLC, corporation, or other entity will not protect you unless your real estate is properly conveyed to that entity. “Do-It-Yourself” deed templates often do not reflect new laws and regulations that affect how deeds must be prepared and recorded. Moreover, every detail of the deed must be exactly right: the name of the grantor as reflected in the county records, the legal name of the LLC or other entity, the legal description of the property, the interest being conveyed, etc. If any detail is missing or incorrect, you (or your family, after your death) may be faced with the need for a quiet title suit, probate proceedings, or even more severe consequences. Our attorneys can prepare your deed and, once executed, take care of recording it with the proper county offices.
It is also crucial to have an estate plan that covers any real estate you own—both for liability protection and to keep the property out of probate after your death. To learn more about estate planning and how real estate might impact your plan, download our free Estate Planning Guide loaded with 70+ pages of helpful information.
To speak with an experienced professional about your real estate needs, contact the Oklahoma City real estate attorneys at Postic & Bates to schedule a free consultation.
[As with all of our online materials, the contents of this article do not constitute legal advice and are subject to our site-wide disclaimer.]