Define: Realty

Real estate law is a branch of law that governs the ownership, use, and transfer of real property, which includes land and any structures on it.

A real estate contract is a legally binding agreement between a buyer and seller that outlines the terms and conditions of a real estate transaction.

A title search is a process of examining public records to determine the legal ownership of a property and whether there are any liens or other encumbrances on the property.

A deed is a legal document that transfers ownership of real property from one party to another.

A mortgage is a loan that is used to purchase real property, with the property serving as collateral for the loan.

A zoning ordinance is a law that regulates the use of land within a particular jurisdiction, such as a city or county.

Eminent domain is the power of the government to take private property for public use, with just compensation paid to the property owner.

A homeowners association is a group of property owners in a particular community who are responsible for maintaining and managing common areas and enforcing community rules and regulations.

A real estate agent is a licensed professional who helps buyers and sellers navigate the real estate market and complete real estate transactions.

A real estate closing is the final step in a real estate transaction, where the buyer and seller sign all necessary documents and the transfer of ownership is completed.