Real estate law is a body of law that governs the rights and interests in land and real property. It encompasses a wide range of legal issues related to the ownership, use, and transfer of real estate.
Real estate law covers a variety of matters, including:
- Purchase and sale agreements: Legal documents that outline the terms of a real estate transaction, including the price, financing, and contingencies.
- Title and ownership: The legal rights and interests in real estate, including issues related to title searches, boundary disputes, and easements.
- Leases and rental agreements: Contracts between landlords and tenants that outline the terms of a rental agreement.
- Zoning and land use: Regulations that govern how real estate can be used, including issues related to zoning, permits, and environmental regulations.
- Financing and mortgages: Legal issues related to the financing and mortgaging of real estate, including issues related to foreclosure, lien priority, and mortgage modifications.
- Property management: Legal issues related to the management of real estate, including issues related to landlord-tenant disputes, property maintenance, and evictions.
Real estate law is complex and often involves multiple parties, including buyers, sellers, lenders, and real estate agents. Lawyers who specialize in real estate law help clients navigate the legal aspects of real estate transactions, ensure compliance with applicable laws and regulations, and resolve disputes related to real estate ownership and use.