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REAL ESTATE LAW#1

The body of law governing real property, including ownership rights, transactions, and disputes.

PROPERTY RIGHTS#2

Legal rights associated with ownership and use of property, including possession, use, and transfer.

CONTRACTS#3

Legally binding agreements between parties, outlining rights and obligations in real estate transactions.

DISPUTE RESOLUTION#4

Methods for resolving conflicts, including negotiation, mediation, and arbitration, particularly in real estate.

PURCHASE AGREEMENT#5

A contract between a buyer and seller detailing the terms of a real estate transaction.

LEASE#6

A contract granting the right to use property for a specified time in exchange for rent.

ESCROW#7

A financial arrangement where a third party holds funds or documents until conditions of a contract are met.

TITLE#8

A legal document proving ownership of property, which can be transferred through sale or inheritance.

CLOSING#9

The final step in a real estate transaction where ownership is transferred and documents are executed.

ZONING LAWS#10

Regulations governing land use and development, determining how property can be utilized.

EASEMENT#11

A legal right to use another's land for a specific purpose, such as access or utility installation.

LIEN#12

A legal claim against a property, often used as security for a debt.

DUE DILIGENCE#13

The process of investigating and verifying information before entering into a real estate transaction.

MORTGAGE#14

A loan secured by the property itself, enabling buyers to purchase real estate.

REAL ESTATE INVESTMENT TRUST (REIT)#15

A company that owns, operates, or finances income-producing real estate, allowing investors to buy shares.

COVENANT#16

A formal agreement or promise in a deed or lease, often related to the use of property.

FORECLOSURE#17

The legal process by which a lender takes possession of a property due to the borrower's failure to pay.

APPRAISAL#18

An assessment of a property's value, typically conducted by a licensed appraiser.

TITLE INSURANCE#19

Insurance protecting against losses from defects in title or ownership disputes.

RENT CONTROL#20

Regulations limiting the amount landlords can charge for rent, often found in urban areas.

CONVEYANCE#21

The legal process of transferring property from one party to another.

PROPERTY MANAGEMENT#22

The operation and oversight of real estate properties, including maintenance and tenant relations.

HOMEOWNERS ASSOCIATION (HOA)#23

An organization in a residential community that enforces rules and manages common areas.

REAL PROPERTY#24

Land and any permanent structures or improvements attached to it.

COMMERCIAL REAL ESTATE#25

Property used for business purposes, including offices, retail spaces, and industrial properties.