Real Estate Law

Land, and everything that is permanently affixed to it, is considered real estate or real property. This includes buildings, trees, poles and fences. In the United States, the sale and lease of real estate is governed by state and federal laws. The two major types of real estate are commercial real estate and residential real estate. Commercial real estate involves the sale and lease of property for business purposes. Residential real estate involves the sale and rental of land and houses to individuals and families for daily living. Real estate transactions are complicated, and because property can be your primary asset or a significant portion of your estate, you should always seek legal assistance when you buy or sell property.