Real
Estate
Real estate is a legal term that encompasses land along
with anything permanently affixed to the land, such
as buildings, specifically property that is fixed in
location. Living things on the land are considered part
of the property.
Real estate law is the body of regulations and legal
codes which pertain to such matters under a particular
jurisdiction. Real estate is often considered synonymous
with real property (also sometimes called realty), in
contrast with personal property (also sometimes called
chattel or personal property law).
However, in some situations the term "real estate"
refers to the land and fixtures together, as distinguished
from "real property," referring to ownership
rights of the land itself.
The terms real estate and real property are used primarily
in common law, while civil law jurisdictions refer instead
to immovable property.
Real estate law would include issues involving homeowners,
home buyers, tenants and landlords regarding home purchase
transactions, foreclosure, the tenant-landlord relationship,
neighbor disputes, land use regulation and trespassing.
At
Penney and Associates, we are committed to providing
the best possible service so your law related needs
are handled with the utmost professionalism.
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