Title: Real Estate Law - FindLaw
Headings: Real Estate Law
Real Estate Law
Buying a Home
Owning a Home
Selling Your Home
Mortgages and Equity Loans
Foreclosure
Landlord Tenant Law
Construction Defects
Neighbors
Land Use Laws
Legal Help and Resources
Next Steps
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Content: In modern times, real estate has become an American umbrella term for buying, selling, renting and using land. Specifically, real property is land and ordinarily anything erected on, growing on, or affixed to it, including buildings and crops. The term land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it, including minerals, oil, and gases. Personal property, meanwhile, is anything other than land that can be the subject of ownership, including stocks, money, notes, intellectual property as well as intangible property. Real Estate Sales & Purchases
When a piece of property is sold, real estate brokers or agents are often hired by the seller to obtain a buyer for a property. Real estate brokers, agents, and salespeople are licensed and regulated by local state laws. A real estate agreement between a buyer and seller of real estate is governed by general principles of contract law and individual state laws. The sale or transfer of real property is almost always required to be in writing. It is often required in real estate contracts that the title to the property sold be "marketable." An attorney or a title insurance company is frequently employed to investigate a title's legal marketability.