Real Estate Closings

Yes. Conducting real estate closings in South Carolina is considered the practice of law. A residential purchaser obtaining real property located in SC through financing is required to have a closing be conducted by an attorney licensed in SC. You have the right to choose which attorney you would like to represent you in the transaction. Often, attorneys in South Carolina represent both the buyers and the sellers in the same transaction. Your lender cannot force you to use a specific attorney in residential closings. It is a violation of South Carolina law if the lender fails to ask you which attorney you would like to use for your closing. If you’re interested in learning more about why it’s essential to choose the right real estate lawyer in Charleston SC, we encourage you to give us a call. Finding the ideal Charleston SC real estate attorney is a process that should be undertaken carefully and deliberately, and we’re here to help you navigate the process properly!

Our Charleston SC real estate law office has years of experience in conducting and closing real estate transactions. Closings happen on time, and are conducted in a fun and relaxed environment. We explain all of the documents to you in a simple, straightforward manner. Moreover, our fees are reasonable and our service is unrivaled. Whether you’re searching for help in Charleston or require a real estate attorney in Daniel Island SC, we are your go-to experts in the field. Finding the right Charleston SC law firm to handle your closing is an absolute necessity.

You will need to bring current government-issued photo identification, such as a driver’s license, passport, or military ID. If you are the buyer, your funds must be in the form of an official bank check, certified check, cashier’s check, or money order (or wire transfer, or even cash), made payable to the trust account of the closing attorney. If you are the seller, you will bring the keys to the property to the closing. As your lawyer in Daniel Island SC or Charleston SC, we can help you ensure that you have everything you need when it comes to closing.

It depends on whether you are both on the title to real estate. Any person with an ownership interest in the property must attend the closing or must have someone sign the closing documents with a power of attorney on their behalf. This applies even if the person has an ownership interest but will not be a borrower on the note. If you would like to know more about the parties that must be present at closing and need to know more specifics about real estate law in Daniel Island SC, Charleston or elsewhere in SC, we can help you!

Executing a Limited Power of Attorney to sign on another person’s behalf for the closing is common if circumstances prevent a party from being physically present at the closing. Different states have different requirements for powers of attorney to be effective as well as different recording requirements. Our law firm in Charleston SC can prepare the power of attorney to ensure it will meet the requirements of South Carolina law. Likewise, if a durable power of attorney is recorded on file in the county in which someone is purchasing real property and the POA authorizes the attorney to purchase real estate on behalf of the principal, that is acceptable as well. If you’re looking at the many law firms in Daniel Island SC and Charleston SC and wondering who can help you with POA concerns, we invite you to call us today; we’re here to answer your questions and make the process smooth and simple.