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Having an understanding of real estate law is extremely important. Whether you are buying or selling a home, or are interested in purchasing commercial property, working with a skilled lawyer is essential to ensure you make the best possible decision. That’s why clients in western Wisconsin look to the skilled real estate lawyers at Arndt Buswell & Thorn S.C. when in search of dependable legal guidance.

Real Estate Law: Defined

Ireal estate lawn the most general terms, real estate law concerns ownership and use of land and property. From there, this area of the law branches out exponentially. For instance, one person may be in possession of a building while another person actually uses it. Additionally, a property can be either commercial or residential. There is also the matter of zoning laws, which dictate how land may be used. Of course, this is just a small sampling of a much larger legal area.

Terms to Know

There are a few basic real estate terms that are useful to know. Transference of ownership occurs during the closing, which is a meeting among the parties involved in buying and selling a property. In this case, the title for a piece of property would be transferred, which establishes ownership. Escrow refers to a third party with no investment in the transaction which is tasked with holding onto money. There is also foreclosure, which occurs when a person can no longer fulfill the obligations of their loan.

How a Lawyer Can Help

real estate lawA good real estate lawyer can perform many tasks related to property law. This includes contending with any legal disputes between tenants and landlords over the development of property, handling zoning issues, and more. Most often, real estate lawyers assist in the purchase or sale of property to ensure the transaction is completed in a lawful manner.  

As a full-service law firm, Arndt Buswell & Thorn S.C. can assist clients in a variety of areas. Whether you need assistance with real estate law, are filing for bankruptcy, have suffered an injury, or have questions related to estate planning, this seasoned legal team is ready to assist you. Access the complete listing of practice areas by visiting their website. You can also call (608) 269-1200 today to schedule a consultation in Sparta, WI.

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