What You Should Know About Laws Pertaining to Real Estate and Property

by | Jan 6, 2021 | Law

Real estate has always been at the heart of wealth. The land is inherently valuable because there is a finite amount of it. The value of land is seen in the way that laws have been made to protect landowners and to clearly define who owns pieces of land. When a person is thinking about purchasing real estate or property, it would be good for them to reach out to a real estate title attorney in Jacksonville.

Real estate or property includes the land and any buildings that are on the land. The laws surrounding real estate dictate who owns the land and how the land can be used. For example, not all land is slated for residential construction. Before purchasing land for a specific purpose, it would be good to talk to a real estate title attorney in Jacksonville to learn more about real estate law.

Real estate can be zoned for residential use or for commercial use. In some areas, real estate may be owned by a person, but they have the right to rent that out to another person. Real estate can be purchased and sold. For most people, buying or selling real estate will be the biggest transaction they ever make. This is why there are several laws that dictate how property can be sold and how the sale of the property must be recorded.

A common way for land to pass from one person to another is through estate planning. Typically, estate planning involves parents leaving land and property behind for their children.

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