Do I Require the Services of a Personal Property Attorney?

What you will discover:

What is the role of a personal property attorney?
How do I determine whether I need the services of a personal property attorney?
How much does a personal property lawyer charge?
What can I anticipate from dealing with a personal property lawyer?

Buying or selling property often goes wrong when one party attempts to take advantage of the other, thus personal property lawyers are well-versed in all of the rules governing these transactions. whether you have a personal property problem, you should do some research to see whether an attorney is best for you.

What is the role of a personal property attorney?

A personal property attorney may assist you in a dispute involving the transfer of movable property such as a vehicle, furniture, or even stocks and bonds.

This is distinct from real estate (which is “immovable”) and intellectual property.

How do I determine whether I need the services of a personal property attorney?

You should see an attorney if you are considering any of the following:

Make a contract or a lease.
Verify a title
You purchased something sold by someone who lacked the necessary rights.
You want to sell something over which you only have a limited amount of control.

If you are unsure about any property transfer rules, a personal property attorney can explain what you need to do or lead you through the process of any paperwork or court dates you must attend.

How much does a personal property lawyer charge?

Lawyers bill in a variety of ways, but many personal property lawyers charge an hourly cost to represent clients in court, as well as an hourly or fixed amount to create or review papers. Set a fee with your attorney up advance to minimize surprises when the bill arrives.

What can I anticipate from dealing with a personal property lawyer?

You should expect to resolve any ownership issues. Negotiations or a court of law may determine that you own the property, in which case you will either be permitted to retain the item or be paid for it. If it is determined that the object does not belong to you, you must either give it up or pay for it. A personal property attorney will advise you on the best course of action to take in order to settle any ownership issues.