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If you're buying or selling a property in Massachusetts, state law requires that an attorney be present at the real estate closing.
The tax is imposed on both the buyer and the seller at the rate of $. 75 per $100 of the price or consideration for the sale, granting, or transfer. What types of transactions are taxable? All contractual transfers are subject to tax unless specifically exempt under RSA 78-B:2.
Note: New Hampshire is one of several states that require sellers to hire a real estate attorney. While they will assist you with the paperwork and legal aspects of the transaction, they will not help you find a buyer or negotiate a great deal.
To sell your house yourself in New Hampshire, opt for a Flat Fee MLS company. Flat Fee MLS companies list your home on the MLS and help you sell your house by owner. Check out our rankings for the best New Hampshire Flat Fee MLS companies.
Do I need an attorney to sell my house in Massachusetts? There is no requirement that you hire a real estate lawyer in Massachusetts. But when selling a large asset, having proper legal protection and guidance is recommended.
In Texas, it is not legally required to hire a real estate attorney in order to buy or sell property. Most other states will require the participation of an attorney. However, in Texas, we have legislation promulgated title policies, meaning that there's not much negotiation that can happen during this process.
A sales contract should include the type of agreement, its parties, their responsibilities, the cost of services or goods, deadlines, delivery details, termination conditions, and penalties. Different types of sales contracts will also include other information related to the type of deal.
Your offer should include: The name of the seller. The address of the property. The names of anyone who will be on the title, including yourself. The purchase price you're offering and down payment. The earnest money deposit. Any contingencies you'd like to include. Any concessions you're requesting from the seller.