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.
In the United States, every state has exclusive jurisdiction over the land within its borders. Each state has the power to determine the form and effect of a transfer of real property in its jurisdiction. As a result, state law requirements vary significantly from state to state.
Real Property & Personal Property
There are generally two types of property: real property and personal property. Most of the legal concepts and rules associated with both types of property are