decisions

Understanding the Legal Process of Real Estate Transactions

Understanding the Legal Process of Real Estate Transactions

The business of buying and selling real estate property involves complex legal processes that every buyer and seller must understand. For most people, a real estate transaction is one of the biggest investments they make in their lifetime. Therefore, it is important to protect these transactions by ensuring that all activities take place within the legal framework. In this article, we will discuss the legal process of buying and selling property. Step 1: Preparing a Purchase Agreement The purchase agreement is the legal document that outlines the terms and conditions of the sale. The agreement is signed by both the…
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