Residential Real Estate Law

Whether it’s $200 thousand or $2 million, the decision to buy or sell a home involves a large financial transaction. With such a significant investment on the table, it is critical to ensure that your rights and best interests are protected every step of the way. 

A Vermont residential real estate attorney can save you time, money, and stress. They can also provide guidance throughout the process to help you remain in compliance with the many permits and regulations required by the state. But most importantly, they can ensure that you are getting a good deal. 

Vermont-Specific Considerations

Hiring a real estate attorney is wise when buying a house in any state, but Vermont has several state-specific regulations that make legal representation crucial. 

Act 250 

When you buy a Vermont property, knowing if it is subject to Act 250 is essential. In an effort to protect and preserve Vermont’s natural resources and small communities, ACT 250 heavily regulates the development and use of land in the state. It also happens to be one of the strictest development regulations in the entire country. 

Act 250 determines whether structures can be built on a property, and where on the property they can be built. It also establishes how the property can be used and developed, and whether certain natural elements must be protected. Even erecting a shed, or cutting down a few trees, may be prohibited under Act 250. 

Wastewater Regulations

With much of Vermont being rural, it is critical to understand the regulations governing how wells and septic systems are designed and where they can be located on the property you wish to buy. This involves knowing the quality of the soil, the accessibility of potable water, and the regulations and permits surrounding wastewater disposal and drinking water. 

Vermont also has myriad zoning considerations, and strict state regulations around development in wetlands and waterfront areas. Purchasing property for an intended purpose and then realizing you cannot use it for that purpose due to Act 250, zoning considerations, or wetland regulations can lead to stress and frustration, legal challenges, and immense financial losses. 

How a Vermont Residential Real Estate Lawyer Can Help

A Vermont Residential Real Estate Lawyer can help with much more than just closing. Your real estate attorney can: 

• Prepare and review all documents and contracts related to the purchase or sale of your home;
• Negotiate agreements between buyers and sellers;
• Conduct title searches to ensure that there are no liens or outstanding claims against the property;
• Prepare title insurance;
• Help you navigate complex real estate transactions, such as those involving foreclosures and short sales, and homes with zoning issues;
• Provide documentation of the transfer of funds to the lender and seller;
• Represent you at and facilitate closing;
• Help resolve land disputes; and
• Provide litigation services if necessary. 

Contact Bergeron, Paradis & Fitzpatrick Today

If you are in the process of buying or selling your home, it is in your best interest to work with an experienced Vermont residential real estate attorney. The skilled legal team at Bergeron, Paradis & Fitzpatrick takes pride in helping our clients complete real estate transactions in the most efficient, economical, and seamless manner possible. Contact us today to learn more.