WHYYOU NEED ONE FOR REAL ESTATE PURCHASES What Does a Closing Attorney Do? The home-buying process can seem shrouded in mystery, especially to those entering the housing market for the first time. In South Carolina, a licensed attorney must supervise all real estate closings. But why is this requirement in place — and what, exactly, does a closing attorney do? Once the buyer and seller create a sales contract, the attorney’s job begins. They will reach out to both sides so they can gather the necessary information to complete the transaction. From the buyer, the attorney will need banking documents and inspection reports. They’ll also gather information about outstanding mortgages, loan insurance, and other homeowner documentation from the seller. Examining the title is one of the attorney’s most important responsibilities. They’ll research the historical chain of ownership (dating back at least 61 years). This process involves ensuring that all previous mortgages or liens against the property are resolved. Defects in the title could threaten the new owner’s claim over the property, so the lawyer carefully reviews the documents to confirm everything is in order. After reviewing the title, the attorney will apply for title insurance. Title insurance is an extra layer of protection for the buyer and lender if an unidentified defect later arises. While unexpected claims are uncommon, they can be financially devastating when they arise, so title insurance is a must.
Next, the lawyer will prepare all of the paperwork needed to complete the closing. When the big day finally arrives, the attorney is present to explain the legal documents and ensure that all parties understand what they're signing. After the keys are handed over, the lawyer will verify that all funds make it to their intended destinations and that all paperwork is filed and logged into the appropriate public records. While the buyer generally selects the closing attorney, sometimes a lender or Realtor may suggest a few for the buyer to choose from. Although attorneys in South Carolina represent the buyers, they do have a duty to make sure the lender’s closing documents are prepared correctly. An attorney is required for closings in South Carolina because buying a home is a complicated process. An attorney who knows the ropes makes sure that you won’t go it alone or end up in a situation you’ll regret.
Crispy FishWith Brown Butter Sauce Inspired by BonAppetit.com
Great Truths
Ingredients
• •
1 tbsp olive oil
•
1/2 cup blanched hazelnuts, chopped
4 5-oz Chilean sea bass or salmon fillets, skin-on • Salt and pepper, to taste • 6 tbsp unsalted butter, cut into pieces
• 2 tsp lemon juice • Lemon wedges, for garnish
“In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other.” –Voltaire, 1764
Directions
1. In an unheated skillet, add oil. Season fish with salt and pepper, then add to skillet (skin-down). 2. Heat the skillet to medium and cook for 4 minutes. With a spatula, press each fillet down, rotating between fillets every few seconds. When the skin begins to crisp, stop pressing and cook 8–10 minutes, then
flip and cook for another minute. Remove the fish. 3. Wipe the skillet clean and return to medium heat. Add the butter and hazelnuts. Heat, swirling continuously, until butter foams and browns. Remove from heat. 4. Stir in lemon juice and season to taste. Pour over fish, garnish, and serve with salad.
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