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Real Estate Law. What is it and what do I need to know?

Real estate is defined as, “property in buildings and land,” by Merriam-Webster, and real estate law address buying, selling, leasing, and renting both commercial and residential spaces. It can also address issues with property and boundary lines, disputes between landlords and tenants, zoning, and land use issues. Additionally, real estate law deals with financial aspects, such as liens and mortgages.

Terms to Know

When talking about real estate law, there are a few terms you’ll often hear. Here are a few you’ll want to know and what they mean. 

  • Broker: Brokers are the people that will assist you in the buying and selling process, and is another name for a real estate agent. They can help you find property, whether it be commercial or residential, sell property, and will help you understand and complete all required paperwork. 
  • Title: a title is a legal document that tells who officially owns the land.
  • Mortgage: a mortgage is a loan that will cover the price of the property.
  • Foreclosure: foreclosure happens when the owner can no longer pay the mortgage, and the lender takes control of the property. 
  • Buyer’s Duties: buyer’s duties refer to the obligations a potential buyer of property must fulfill and can include inspections to reveal zoning or structural defects, or to see if there are any liens on the property.

If you’re looking for help with these or another type of real estate law, the experienced professionals at Skinner & Associates can help. Give us a call today at 614-664-0200 to set up an appointment, or visit our website to learn more about our services and how we can help you.

The information at the Skinner & Associates, LLC website is intended for general informational purposes only and not as specific legal advice. Use of this site is not intended to and does not in any way establish an attorney-client relationship. Visitors to this site should seek professional legal counsel regarding their specific matters. Attorneys at Skinner & Associates, LLC would be pleased to speak with interested parties, but we can only represent clients where we are licensed to practice, and where no other bar to representation exists. If the information provided by this website does not comply with the legal or ethical requirements of a particular user’s state or country, we may be unable to represent you. Although we are a general practice law firm, we may be considered a debt relief agency because we help people file for bankruptcy relief under the Bankruptcy Code.

Home is where your Story Begins…

How our attorneys can help you with your real estate matters

As much as some of us love watching reality shows about houses, sometimes, their version of reality TV isn’t exactly reality. At best, it’s an abbreviated version of the truth, showing some crucial steps when it comes to buying, selling, or up keeping a home, but leaving out many others. At worst, shows centered around the real estate process can spread extreme falsities on the realities of the real estate market.

In the real world, buying and selling your home is full of complexities, and if you’re inexperienced with the housing market, you could become overwhelmed. One area that prospective home buyers find especially complex is the legalities behind their upcoming home purchase. Although real estate law is something reality TV shows largely eliminate from their entertainment, it is a fundamental practice that protects your rights and interests.

Real estate law covers potential legal issues including problems with home sales, purchases, leases, and other transfers of real estate and property. Real estate law also resolves issues such as landlord-tenant issues, property development, zoning, financing, and mortgages and foreclosures.

Having a qualified real estate attorney during your home search is just as crucial as hiring your real estate agent. A real estate lawyer can review complex paperwork for you and represent you at closings to ensure physical, environmental, and other details are fully explained to your satisfaction.

There is no denying that the shows that conquer the reality TV lineup are entertaining and provide inspiration for both home buyers and home sellers alike. But no matter how many episodes you may watch, it is often still difficult to get a comprehensive overview of real estate best practices, particularly in the area of real estate law. That’s where an experienced team like Skinner and Associates comes along; we’ll use our skills and experience to guide you through the complex legalities behind your home purchase.

If you or someone you know needs help in the Real Estate law area, contact Skinner & Associates Attorneys at Law by calling 614-664-0200, emailing [email protected] or visiting our website for more information on our services.

Real Estate

The information at the Skinner & Associates, LLC website is intended for general informational purposes only and not as specific legal advice. Use of this site is not intended to and does not in any way establish an attorney-client relationship. Visitors to this site should seek professional legal counsel regarding their specific matters. Attorneys at Skinner & Associates, LLC would be pleased to speak with interested parties, but we can only represent clients where we are licensed to practice, and where no other bar to representation exists. If the information provided by this website does not comply with the legal or ethical requirements of a particular user’s state or country, we may be unable to represent you. Although we are a general practice law firm, we may be considered a debt relief agency because we help people file for bankruptcy relief under the Bankruptcy Code.