Publisher's Synopsis
Everyone can benefit from a better understanding of the basic laws and procedures that affect real estate ownership and transfer. Whether you are generally curious or concerned about protecting rights and interests, this book will help you answer many of the questions that are often asked by real estate purchasers and owners, public officials, and others who deal with real estate.What is an easement and how is it created?What are owners' basic rights when the government wants to take property for public use?What does the law say about agreements with real estate brokers?What do banks consider when they decide whether to make home loans?What does the law require of residential landlords?The book covers the following topics.Fundamental concepts of private property ownershipBasic information about how real estate is ownedMain aspects of real estate transfersRoles of brokers and lawyers in the transfer processReal estate financing including basic information about loans, deeds of trust, and foreclosures.