Philadelphia Real Estate Attorneys & Lawyers
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Philadelphia Real Estate Lawyers
Why use UpCounsel to hire a Philadelphia Real Estate Attorney?
You always get experienced professionals and high caliber work.
Your work gets done quickly because professionals are always available.
More cost effective
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Money-Back Guarantee on All of Your Legal Work
Applies to all transactions with verified attorneys on UpCounselIn the event that you are unsatisfied with the work of an attorney you hired on UpCounsel, just let us know. We’ll take care of it and refund your money up to $5,000 so you can hire another attorney to help you.
Legal Services Offered by Our On-Demand Philadelphia Real Estate Attorneys
The Philadelphia real estate attorneys & lawyers on UpCounsel help represent landlords, property management companies, condominium associations, and tenants on any issue relating to real estate purchases, leasing, rent increases or decreases, habitability issues, condo conversions, code violations, owner move-in situations, and more.
They also provide client service across residential and commercial real estate disputes ranging from specific performance of a purchase agreement to land use or zoning issues and construction defect litigation. Real estate agents are generally prohibited from attempting to provide legal counsel or to serve as your legal representative in any manner. Therefore, during the course of a property deal you (as the seller or the buyer) should have your interests represented by an experienced Philadelphia real estate lawyer.
You should absolutely hire a real estate attorney before you sign any paperwork. If you have already started the process and did not understand every detail of the sales contract then you should hire an experienced real estate attorney found on UpCounsel. Especially if something in your contract doesn’t make sense or seems out of the ordinary. The smallest oversight or clause could end up costing you big time.
Improve Your Legal ROI with Affordable Real Estate Attorneys that service Philadelphia, PA.
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What Is an Arm's Length Transaction?
"Arm's length" refers to a legal transaction in which buyers and sellers of products or services have no relationship to one another either by blood, marriage, or business dealings. Without a relationship, buyers and sellers can act independently. Without previous ties, an arm's length transaction makes sure neither person feels pressured by the other or acts in connection with one another.
The idea of an arm's length transaction, also known as an arm-in-arm transaction, came about in the real estate market as a way of handling tax authorities. Generally, family members and businesses with related shareholders are not acting at arm's length, which can cause ethical problems. Such ethical issues include a company's supervisor who forces an employee, under the threat of termination, to buy real estate using the boss's name.
In the 1997 case McNichol et al v. The Queen, the tax judge su
- 7 min read
Intellectual Property Protection
Intellectual Property Protection is protection for inventions, literary and artistic works, symbols, names, and images created by the mind. Learn how you can protect your intellectual property by using: Patents, Trademarks, Trade Secrets, and Copyrights.
Intellectual Property Protection Explained
Entrepreneurs and business owners need to understand the basics of intellectual pro
- 5 min read
What Is Cumulative Voting?
Cumulative voting is a type of voting system used by a company's shareholders that allows them to distribute their votes between candidates when voting for a company's directors. It is also known as proportional voting.
Shareholders get one vote per share that they hold, multiplied by the number of directors that need electing.
Where multiple candidates are running for a position, each shareholder can choose between voting for a single candidate or splitting their votes between multiple candidates.
How Does Cumulative Voting Work?
If a shareholder with 10 shares is participating in a vote for two open board seats, with Candidates 1 and 2 running for one seat, and Candidates 3 and 4 running for the second seat, they would receive 20 votes (10 x 2). The shareholder's options are as follows: