Key Conversations | #30 - The Legal Side of Buying and Selling a Home | Ed Kaiser
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Most real estate transactions never turn into a legal battle, but there are plenty of moments when having the right legal guidance matters.For this episode of Key Conversations with CJ and Katy, we sat down with Ed Kaiser, real estate attorney and legal counsel at our brokerage, to talk about the legal side of real estate that buyers and sellers do not always get to see.What exactly does a real estate attorney do for agents?When does an agent need to bring legal counsel into a transaction?And when might a buyer or seller need an attorney of their own?We get into disclosures and what sellers are expected to share about a property, along with what can happen when there is disagreement over what was disclosed or discovered after a sale.We also talk about arbitration, disputes between buyers and sellers, and how real estate disagreements can escalate when the parties cannot find a resolution.Then we get into some of the more unusual questions that come up in real estate.What happens if someone died in the home?What if there was a murder?Are sellers required to disclose sensitive events that happened at a property?Ed helps us unpack how these situations are approached and why the answer is not always as simple as buyers and sellers might expect.We also talk about the role brokerage legal counsel plays behind the scenes, the types of situations agents call about, and why having access to experienced legal guidance can be so valuable when a transaction gets complicated.Whether you are buying, selling, or simply curious about what happens when real estate and the law collide, this is one you will not want to miss.If you are buying or selling a home in Mound, around Lake Minnetonka, or throughout the western Twin Cities suburbs, understanding the legal side of a transaction is another important part of making informed real estate decisions.Want to feel more confident buying, selling, and owning a home? Subscribe to our channel for new episodes of Key Conversations each week, and get to know CJ Norman and Katy Norman better at www.norman-homes.com