Real estate law, or property law, generally refers to the laws controlling the ownership or use of land in the United States. Real estate law is a branch of civil law that covers the right to possess, use, and enjoy land and the permanent man-made additions attached to it. Real estate law directly or indirectly impacts most of us on a daily basis, affecting homeowners, renters, landlords, home buyers, and home sellers.
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Real estate law is called real estate because it’s about real property. Real property is land as opposed to personal property which is objects. Fixtures that are permanently on the land like buildings or other large structures are also a part of real property. There are many different aspects of real estate law like deeds, titles, purchase financing, zoning, taxes and estate planning.
A deed in real estate law is a document that gives someone a legal right to real property. A deed is the official document that grants an ownership interest in land. Most states have laws that govern how to create, execute and record a deed. A deed must be drafted carefully with a clear description of the property and the type of ownership that the parties are transferring.
Real estate lawyers exist in every location throughout the United States. Large cities and small towns need real estate lawyers to serve the community. Because real estate law is often created by local governments, there are real estate attorneys that work in locations both large and small. Most real estate attorneys serve clients that interact with a handful of local governments in the surrounding areas. Real estate attorneys work in large firms, solo practice and everything in between.
Real estate is often the most important asset for an individual or a company. Real estate transactions are worth thousands and even millions of dollars. Clients depend on experienced real estate attorneys to assist them with this important work. Real estate law changes lives. For attorneys who enjoy writing and working on important cases, real estate law can be a good fit.
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