Real estate transactions are governed by various federal statutes, state statutes, and common laws that address a wide variety of legal issues related to acquiring, financing, developing, managing, constructing, leasing, and selling commercial and residential real property. Buying and selling real estate is generally more complicated than buying or selling other expensive goods, such as cars or boats. With real estate, many different people can have an interest in the same property, tax consequences are more complicated, and possession is not necessarily indicative of ownership. An experienced real estate attorney can help you sort through all of the difficult decisions and negotiations involved in real estate transactions.
At The Law Offices of Gregory T. Lattanzi, we provide legal services for residential and commercial real estate transactions. We offer a no-cost, no-obligation legal consultation, during which we will discuss your situation and provide some of the legal options available to you. Make informed decisions about buying or selling real estate; contact our office for more information.
Gregory Lattanzi is a knowledgeable real estate lawyer who offers "contract to closing" legal services to clients who are buying or selling residential real estate. He will guide you through the process, providing a "no surprises" experience. When you are ready to purchase or sell a home, contact Gregory Lattanzi.
Gregory Lattanzi knows that commercial real estate transactions can sometimes be challenging. He is an experienced real estate attorney who has been helping commercial clients for nearly 15 years. His goal is to complete successful, satisfactory commercial transactions for his clients. Before you sell or buy a commercial property, contact Gregory Lattanzi.
The Law Offices of Gregory T. Lattanzi, LLC
Connecticut lawyer Gregory T. Lattanzi serves residents and businesses in Connecticut, including the cities of New Haven, Bridgeport, Bristol, Danbury, Fairfield, Greenwich, Hamden, Hartford, Manchester, Meriden, Milford, Middle Town, New Britain, Norwalk, Stamford, New London, Stratford, Waterbury, West Hartford, West Haven, Wallingford, Wethersfield and the following counties: Airfield County, Branford County, Clinton County, Derby County, Hartford County, Litchfield County, Madison County, Middlesex County, New Haven County, New London County, North Haven County, Old Saybrook County, Tolland County, Fair Field County, Guilford County, Litchfield County, Orange County, Shelton County, Trumbull County and Windham County.
Real Estate Law - An Overview
Real estate law includes both federal and state issues, with the state-level rules varying widely from state to state. These state and federal laws encompass everything from ownership of land and buildings to related issues such as financing, leasing, construction, taxes and environmental laws. A competent and experienced real estate attorney can protect a party's interests in both routine and complex transactions and disputes.
Glossary of Real Estate Terms
Real estate law includes lots of jargon and legalese that can be intimidating or at least confusing, especially to first-time homebuyers. An attorney with experience in real estate law can help a buyer or seller understand the terms and concepts pervasive in real estate transactions. Read on to learn more about the terminology of this specialized area.
A deed is an unassuming and usually short piece of paper that has a big legal impact. A deed transfers an ownership interest in real property, and no real estate transaction where ownership transfers is finished until the deed is delivered to the buyer. A deed must include the names of the buyer and seller and the property's legal description. The deed is signed by the person transferring the property and may make that person responsible to the buyer for other claims against or conditions on the property.
Buying a home can be stressful and time consuming. Obtaining a home inspection can take some of the worry out of the process. An independent home inspector will give a buyer a complete picture of the condition of the property he or she is considering buying. Most houses are not perfect, and the inspector's detailed report gives the buyer an unbiased evaluation letting him or her know what needs work now and what will probably need work in the near future.
What to Expect at Closing
A closing, or settlement, is the meeting during which ownership of the property is officially transferred from the seller to the buyer. The buyer and the seller, their attorneys, both real estate sales professionals, a representative of the lender and the closing agent typically attend the closing. The closing involves settling any open issues, balancing and verifying an often complex closing statement, and signing all documents necessary to complete the transaction.
Real Estate Law Resource Links
U.S. Department of Housing
National Association of Realtors®
Yahoo! Real Estate
American Housing Survey
National Housing Conference
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Frequently Asked Questions About Real Estate Law
Q: What is real estate?
A: Real estate (also called real property) refers to land and things attached to land. For most consumers, real estate consists of their home and the lot surrounding it. Commercial real estate may include factories, equipment and other facilities. In addition to buildings and equipment, resources existing on or under the land, including minerals and gas, are part of real estate. Some of these components of real estate can be sold separately.
Q: What is a deed?
A: Deeds indicate, and are generally required to transfer, ownership of real estate. A deed contains the names of the old and new owners and a legal description of the property and is signed by the person transferring the property. The different kinds of deeds, such as the warranty deed, quit claim deed and grant deed, transfer different interests in property.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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