Buying or selling property is a major transaction, so there are real estate laws to ensure the rights of all parties involved are protected. Below are some answers to common questions about this aspect of the legal system. 

Real Estate Law Questions Answered

What legal documents are included in these transactions?

Before any residential or commercial real estate can be transferred, a deed must be created. This document includes the name of the seller, or grantor, and the name of the buyer, known as the grantee. It’s then signed by both parties in front of a notary and becomes part of the public record. Once the buyer has the deed, they have the title, which is the legal right to say they own the property. 

What are some common real estate disputes?

Whether you are a residential or commercial property owner, different situations could arise that you’ll need the courts to settle. This can include issues over property boundary lines and disputes with business partners. Another common issue comes from the failure to disclose essential information that affects the sale. This is considered a breach of contract, for which there is legal recourse.

What laws apply to me if I’m renting or leasing the property?

There are laws that protect tenants, including the right to have an inhabitable home without being discriminated against. Tenants do not have to pay security deposits that exceed the caps set by local, state, and federal laws either. Your landlord also has the legal right to terminate a rental agreement without cause when the lease expires. 

Why should I hire a real estate attorney?

For a deed to be upheld by a court, it must meet legal standards. An attorney will make sure it includes all the necessary elements. They’re well-versed in property law, so they can also lobby on your behalf during disputes with neighbors, businesses, tenants, or landlords. They also make sure clients don’t sign legally-binding contracts without thoroughly understanding the requirements and stipulations.  

If you need legal help with a real estate transaction in the New London County, CT, area, contact Stuart R. Norman Jr. Based in Griswold, this counselor has been assisting clients throughout the community with their legal matters for over 40 years. To see how he will help you, call (860) 376-0069 or visit the law office online for details about the practice.