Real estate law, also known as property law, is a branch of law that governs various aspects of the ownership, use, and transfer of real property. Real property refers to land and anything permanently attached to it, such as buildings, structures, and natural resources. Real estate law covers a wide range of legal issues related to real property, including the following key aspects: Property Ownership and Rights: Real estate law defines the various forms of property ownership, such as fee simple, leasehold, and co-ownership (e.g., joint tenancy and tenancy in common). It also outlines property rights, including the right to possess, use, and dispose of real property. Purchase and Sale Transactions: Real estate law governs the process of buying and selling real property, including the negotiation and drafting of purchase contracts, property inspections, title searches, and the closing of real estate transactions. Deeds and Title: Deeds are legal documents that transfer ownership of real property. Real estate law specifies the requirements for valid deeds, and it addresses issues related to property title, title insurance, and encumbrances (e.g., liens and easements). Zoning and Land Use: Zoning regulations and land use laws dictate how real property can be used and developed. These laws govern issues like residential, commercial, and industrial zoning, building permits, and land development approvals. Real Estate Financing: Real estate transactions often involve financing, such as mortgages and promissory notes. Real estate law covers the legal aspects of financing real property, including mortgage agreements, foreclosures, and liens.
|
Office no. 223, Redbricks Business Plaza, Chikhal Dongri Road, Global City, Virar West - 401303, Maharashtra
info@shaco.in
997 555 4354
© 2019 - 2025. . All Rights Reserved.