All you need to Know about Real Estate Law SeanTarpenning
Real Estate is anything associated with the development and development of land and buildings either commercial or residential. This seems to be an awfully simple concept, but there are many legal disciplines included. Reality Law governs who may use and own the land or buildings.
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• The title is that the official legal term that describes the owner of the property.
Some terms to notice within the assets Law:
• The mortgage is lending money at interest in exchange for a title on the debtor's property. After the successful completion of the debt payment, the conveyance of the title becomes void.
• Foreclosure is that the term used if the lender takes control of the house or any property used for a mortgage if the debtor fails to pay back the quantity • The official meeting for transferring the ownership of the land or property is termed as closing
• Escrow is that the term used for money or property withheld with a 3rd party for safekeeping. • Assets Agent is that the person licensed for negotiating and conducting property transactions
According to Sean Tarpenning, you have to notice these terms within the assets law, for more information and guidance you can follow him on Twitter and Crunchbase Twitter - https://twitter.com/SeanTarpenning Crunchbase https://www.crunchbase.com/person/seantarpenning
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