Real Estate Law

Javion : April 14, 2012 3:07 am : Recent

Real Estate is also known as immovable property. One needs to follow and understand Real Estate Law before actually planning to begin construction on their immovable property. Some of the important laws to be followed are:

 

  • Zoning – If your property comes under the NO zoning area, it means that you will not be able to construct any concrete building in the area. An example of zoning land is agricultural land.
  • Environmental Hazards – You will have to check for environmental hazards before actually beginning to construct your project. For e.g. you cannot build a petrol station near to a paint factory since both are highly inflammable.
  • Public Assessment – Whenever a property is constructed, it is mandatory that a portion of the property is left for public assessment and their use.

 

Above mentioned are some of the main real estate laws of any country. There are many other laws which need to be followed before actually planning to construct on your property.

 

Leave a response »

Investing in Real Estate

Javion : March 31, 2012 3:07 am : Recent

Among the profession that withstand the world’s economic instability is the Real Estate investment. Real Estate is a business that deals with Land and immovable structures on it. It also involves the crops and natural resources on it. Real estate essentially involves the selling, purchasing and renting of land and buildings.

Real estate gives there are many opportunities for you in real estate to increase your income. Real estate is among the best way to increase your wealth and live a happy live. If you invest in a real estate business, it may be very necessary to purchase ownership interests and you earn a return on the investment either by issuing a leasehold interest to your tenants or by you acquire a leasehold interest on a constructed building on the land in a long-term plan. And usually, the land and constructed building become your property at the end of the lease.

Another way of running a real estate business is through the flipping of your house to earn profit. This practise is becoming popular among real estate investors nowadays. In fact, real estate business, by flipping the house, has now become a full-time profession.

Leave a response »

Fed Chair Takes Advantage of Low Rates Too

Javion : December 16, 2011 9:20 am : Recent

Fed Chair Ben Bernanke knows a good interest rate when he sees it. The Fed chair has refinanced the mortgage on his three-bedroom, attached town home in Washington, D.C. twice since 2009.Bernanke lives in a town house near the Capitol in Washington, D.C., which he paid $839,000 for it in 2004, according to an article in The Wall Street Journal. The home’s appraised value is about $850,000. Bernanke owes $672,000 on his 30-year mortgage, according to the article.

Read full article here

Comments are closed

4 Tips to Help Your Buyers Refine Their Home Search

Javion : December 16, 2011 9:18 am : Recent

Having a value come in at something other than what was hoped for is one thing, but that’s not what practitioners say is the problem. The problem is that valuations are systemically coming in at questionable values because so many appraisers lack experience and famliarity with the market and they’re overly hurried to meet required turn-around times set by the lender or appraisal managememt company (AMC).

Read full article here

Comments are closed

Real estate

Javion : September 22, 2011 6:45 am : Recent

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing.

It is a legal term in some jurisdictions, such as the United Kingdom, Canada, Australia, United States of America, Dubai, Trinidad and Tobago and The Bahamas. ‘Real Estate Law’ is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential property ownership, development and transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called ‘chattels’ or ‘personalty’ under ‘chattel law’ or ‘personal property law’). The terms ‘real estate’ and ‘real property’ are used primarily in common law, while civil law jurisdictions refer instead to immovable property. However, in some situations the term ‘real estate’ refers to the land and fixtures thereon together, as distinguished from ‘real property’, referring to the ownership of land and its appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof. Real property is typically considered to be immovable property

Real estate is increasingly an international business and many people are buying properties abroad to enlarge their portfolio. For travel overseas on real estate business, buy travel insurance.

You can find out a lot more about real estate law by clicking here. The Lexis Nexis Knowledge Centre also has a great deal of info.

Comments are closed
« Page 1, 2, 3, 4 »