Real estate law is a broad area of practice that deals with the many complex aspects of property ownership. Because real estate is often the most valuable asset a person or business owns, it’s important for anyone involved in a transaction or legal dispute to understand their rights and responsibilities. Below are some of the issues these attorneys frequently help with.

Common Topics Covered Under Real Estate Law

Acquisitions & Sales

Buying and selling property are big financial moves. Real estate statutes are in place to protect both parties from unscrupulous behavior that could result in a significant loss.

Attorneys will prepare documents important to the transaction, such as purchase and sale agreements and deeds, and handle the closing process to ensure the transfer of property ownership is executed legally. If a transaction doesn’t work out, litigation may become necessary.

Landlord-Tenant Disputes

Another element of real estate law involves governing the relationships between landlords and tenants. It dictates the duties each party has towards one another and helps define the standards for which property owners may control and safeguard their investment and renters may control and enjoy their living space.

Disputes may arise over matters such as eviction, lease agreements, maintenance and repairs, and compliance with building and safety codes.

Foreclosures

Real estate laws also determine how foreclosure proceedings are conducted. When a borrower fails to uphold the terms of their mortgage contract, it’s the lender’s right to take over possession of the property.

However, the foreclosure process must follow strict guidelines and any mistakes can provide the borrower with an opportunity to challenge the proceedings, and in some cases, stop a foreclosure from happening.

Zoning & Land Use Conflicts

A major part of real estate law encompasses how residential and commercial property owners are allowed to develop and use their land. Zoning requirements control the type of building that can be constructed on a property to prevent developments that would negatively impact the surrounding area.

Land use regulations decide what purpose a property can serve. If a property owner’s plans are prohibited, there are ways to challenge the ordinance.

If you’re engaged in a property transaction or dispute in New London County, CT, turn to Stuart R. Norman Jr. for sound legal advice and representation. Offering more than 40 years of real estate law experience, this attorney is committed to protecting the best interests of his clients while looking for the most efficient strategy to achieve a favorable outcome. He understands the intricacies involved in these legal matters and has the knowledge and skills necessary to facilitate a successful resolution. Call (860) 376-0069 to schedule a consultation, or visit his website to learn more about the services he provides.