Partnerships

How to find a transactional attorney for a double close

Finding a transactional attorney with experience in double closes is crucial for this specific deal structure. This professional facilitates two separate closings, ensuring each transaction stands on its own.

October 13, 2026 · 3 min read

The role of a transactional attorney in a double close

In a double close, a transactional attorney is not just reviewing documents; he or she is actively orchestrating two separate, but sequential, real estate transactions. This includes handling the transfer of funds from your end buyer to you, and then from you to the original seller.

He or she ensures legal compliance for both transactions, manages the exchange of deeds, and often holds funds in escrow. A good transactional attorney understands the nuances of a double close, including how to handle funding challenges that can arise from the back-to-back nature of the deals.

Starting your search for experienced attorneys

Begin your search by asking other active real estate investors in your local market for recommendations. They are likely to have experience with attorneys who are well-versed in investor-specific transactions like double closes.

You can also look for attorneys who specialize in real estate law or investor services. Online legal directories might list attorneys by specialty, but personal referrals from people who do the work are usually more reliable. This is not legal advice; consult an attorney.

Questions to ask a potential attorney

When you contact potential attorneys, be direct about your needs. Ask: 'Do you have experience with double closings?' and 'How do you typically structure the funds flow for a back-to-back transaction?' Their answers will reveal their familiarity with the process.

Inquire about their fees for this type of service. Some attorneys charge a flat fee per closing, while others may bill hourly. Understanding this upfront helps you factor it into your deal analysis. Also, ask about their typical turnaround time for closing documents.

Verifying their experience with double closes

Beyond just asking, look for signs of true experience. A seasoned attorney will be able to explain the specific steps and potential pitfalls of a double close in your state, including how to handle proof of funds if necessary.

He or she should also be comfortable working with transactional lenders or private money lenders, as these are often integral to funding the first leg of a double close. An attorney who expresses confusion or hesitation about these elements might not be the right fit.

Understanding attorney fees and scope of work

Clarify the full scope of services included in the attorney's fee. Does it cover just the document preparation, or also the closing coordination and fund disbursement? Make sure there are no hidden costs that could erode your profit margin.

Request a written fee agreement that details all charges. This prevents surprises and ensures both parties are clear on expectations. Good communication about fees from the outset builds a stronger working relationship.

Building a long-term relationship

Once you find an attorney who performs well on a double close, cultivate that relationship. A trusted legal partner who understands your business model can be an invaluable asset for future deals, offering consistent support and advice.

Regular communication, providing complete information, and respecting their expertise will strengthen your partnership. A good attorney is more than a service provider; he or she is a key member of your deal-making team. This is not legal advice; consult an attorney.

Questions people ask

Is a transactional attorney required for a double close?

While not always legally 'required' in every state, engaging a transactional attorney is highly recommended for a double close. He or she provides the legal expertise and coordination necessary to execute two simultaneous transactions cleanly and compliantly.

What's the difference between a transactional attorney and a closing agent?

A closing agent (like a title company) can handle the mechanics of a closing. A transactional attorney, however, provides legal counsel, drafts specific documents, and ensures the entire double close structure is legally sound, offering a deeper layer of protection and expertise.

How early should I engage an attorney for a double close?

Engage a transactional attorney as soon as you have both contracts (with the original seller and the end buyer) in place. This allows him or her to review everything, plan the closing sequence, and address any potential issues proactively, minimizing delays.