Residential and Commercial Real Estate Law
“Bringing a peace of mind to all your real estate transactions”
Our real estate attorneys, paralegals, title examiners, and staff are involved in every aspect of our real estate law practice. We utilize the latest technology to further our clients needs, protect their interests, and perform quality work in the most cost-efficient and effective manner possible. Kerrick Stivers Coyle, PLC provides a full range of legal services to real estate clients in the Bowling Green, Elizabethtown, Louisville and the Central Kentucky region. Our real estate law services include the following:
Closing of purchase, sale and refinance of residential and commercial real estate which includes:
Conducting in-depth title search and examination.
Ordering payoffs of mortgages and liens, collect taxes and assessments, and seek out and obtain releases of prior liens.
Acting as closing agent pursuant to the instructions of the buyer, seller and lender.
Acting as fiduciary agent to prepare and record documents in accordance with contract, lender instructions and state & federal laws.
Conducting a smooth, prompt and professional closing.
Explaining closing documents and answer questions related to the closing.
Serving as escrow and disbursing agent for all funds and distribute funds at closing.
Preparation and negotiation of contracts and leases
Preparation of loan documents
KSC works with numerous real estate agents, auctioneers, financial institutions, land developers, construction companies and various buyers and sellers of residential, commercial and agricultural land. This vast experience with our clients ensure that your real estate law needs will be properly met.
Please contact our real estate attorneys, Greg N. Stivers, Frank Smith, Ted G. Hathaway, or Scott Lafuenberg through this website or by calling (270) 782-8160 for the Bowling Green, KY office or through this website or by calling (270) 737-9088 for the Elizabethtown, KY office.
Who does the closing Attorney represent in the closing?
The closing attorney handling the closing is doing so at the request of the lender and is there to protect the lender’s interest. The closing attorney will not provide legal advice to either the buyer or the seller. Each party should consult their respective attorney if either party believes legal advice is needed.
What do I need to bring to closing?
All parties must bring to closing a valid photo identification, i.e. a driver’s license or passport, or the closing will be delayed until such identification is produced.
Do you require the buyer or seller to bring certified funds to closing?
Please bring certified funds to your closing as we may not accept cash or personal checks over $500.00.
What is Title Insurance?
Title Insurance policies typically insure a homebuyer against any title-search errors or mistakes, and against loss due to disputes over property ownership. Title Insurance can additionally offer protection to the lender under similar circumstances. The cost of title insurance is usually a set value per thousand of dollars of the total loan amount.
Who is covered by title insurance?
The lender and the buyer. When you buy property, you are commonly required to buy title insurance. This covers the outstanding balance on the mortgage for the lender, but does not protect you. When acquiring property, it is a good idea to get your own title insurance policy. It will give you peace of mind and maximum protection in case there’s a claim against your home.
How can I purchase an Owner’s Title Insurance Policy?
The one-time premium for an owner’s title insurance policy will appear on the closing statement, if the transaction is a purchase, unless you declined the coverage at closing. The buyer always has the option of purchasing an owner’s title insurance policy either at or after closing, but the premium for the insurance will increase if the policy is not purchased at or within 30 days of closing.