Inter-Family Sales

Legal Guidance to Protect Your Rights and Your Relationships When Selling Property to Family Members

Keeping real estate in the family can be a win-win situation, but mistakes during the sales process can wreck the transaction and destroy family relationships at the same time. The reasons many people think they don’t need legal assistance with an inter-family sale are actually the very reasons why legal guidance can be so beneficial.

At The Galam Firm, we offer flat-fee pricing that covers not only the preparation of a custom contract and help with the closing process, but also advice and assistance throughout the real estate transaction. We work to ensure that everyone understands their rights and responsibilities under the contract so there are no surprises or problems either before or after closing

You Don’t Need an Expensive Real Estate Agent To Confidently and Properly Sell Your Property

Real estate transactions are very complex, partly because of the money involved and partly because the requirements involved include both complicated property laws, local customs, as well as state and federal tax requirements. Unlike making a purchase of a car or other goods, a real estate sale generally takes weeks or even months to complete. Your buyer's financing may take several weeks to get approved.

Additionally, state, federal, county, and municipal laws need to be satisfied before the sale can be finalized.

If there is a problem with paperwork, you may end up with massive legal or tax problems.

When dealing with an asset of this much importance, you need to take the right steps to protect your interests as the seller and the interests of your family members who will be taking over ownership.

That’s where we come in. Click here to schedule your free initial call with our law firm.

Preparing the Right Contract

While you don’t need a real estate agent to sell your property when you’re transferring real estate to someone in your family, you will need to prepare a contract for the sale. Creating contracts is an action typically handled by experienced real estate lawyers who know how to draft contracts for the unique needs of the sale of your property... Form online contracts do not provide the necessary terms to protect you and the buyer. Often times the free or low-cost legal forms do not even comply with state laws and you may end up paying more in the end.

AtThe Galam Firm, we develop contracts with your specific needs and goals in mind. We take the time to explain your options so that together, we can build a contract that provides maximum protection and benefits.

With the right terms and thorough explanations, everyone knows what to expect and there are no messy surprises later.

Help with All Aspects of Your Real Estate Transaction

Many real estate attorneys do little more than print out contracts and show up for closing to collect their fee. Our approach is just the opposite. We make it our mission to ensure you feel informed and empowered throughout the sales process. Our clients get unlimited phone and email support from our team so you don’t have to navigate any part of the process alone.

Negotiations can be awkward among family members, so having a third-party professional as part of the process can prevent uncertainty and friction. In our experience, both parties want the same thing during inter-family transactions. Neither “side” is looking to trip the other one up or hold their feet to the fire. However, there are legal protocols that must be followed even when there is an easygoing relationship between the parties.

We make sure you understand disclosures that need to be made and inspections that can be a part of the transaction. Our team can help the buyer stay on top of the tasks they need to complete to complete the sale.

FSBO Lawyer by The Galam Firm LLC can ensure that everything is ready for closing, and navigate you through the closing process so that everything transitions as it should.

All this Assistance for One Flat Fee

We don’t believe in charging big commissions or hourly fees that can add up to an amount you never anticipated. Your sales price has nothing to do with our fee. Instead, we provide white glove service throughout the sale process for a single flat fee so there will be no hidden surprises or unexpected legal costs.

Let The Galam Firm protect your interests and help you get the most from your real estate investment as you transition ownership. To get started, schedule a free discovery call today.