Legal missteps can have an impact on a home sale or purchase. In fact, it is wise to think of any real estate transaction as a legal transaction. The documents, requirements, and laws pertaining to property ownership are legally binding and require careful consideration at every step of the process. Some real estate deals are more complex than others. To be legally protected and in compliance with the tax consequences of property transition, you may need the advice of a real estate lawyer or an accountant or both. Your agent can get you to the professionals who can help.