Real Estate Overview

Real estate transactions are governed by a wide body of federal statutes and state statutory and common law. The requirements established by state law differ significantly from one state to the next.

Real estate brokers are employed as the agent of the seller in order to obtain a buyer for their property. The contract between the broker and seller is called a listing agreement. Real estate brokers and salespersons are licensed and regulated by local state laws. Professional organizations may also provide further guidelines. The Federal Fair Housing Act prohibits discrimination in real estate transactions on account of race, color, religion, sex, or national origin. Real estate brokers are specifically prohibited from discriminating by the act.

The agreement to sell between a buyer and seller of real estate is governed by the general principles of contract law. The Statute of Frauds requires that contracts for real property be in writing. A title insurance company is often employed to investigate whether the title to the property is marketable. Title insurance companies also insure the buyer against losses caused by the title being invalid. In order to pass title, a deed with a proper description of the land must be executed and delivered. Some states require that the deed be officially recorded to establish ownership of the property and/or provide notice of its transfer to subsequent purchasers. The most common method of financing real estate transactions is through a mortgage.

If you or a loved one is in need of legal assistance, call Robert Boyd and Associates at (601) 925-5511 or Toll Free at (866) 925-HURT or submit an online questionnaire.



More Information

Common Forms Of Property Ownership What Is A Mortgage? What Is Real Property? Why Should I Record My Title?


Robert Boyd and Associates serves the entire state of Mississippi, such as the following cities: Jackson, Clinton, Byram, Raymond, Terry, Bolton, Edwards, Brandon, Pearl, Brookhaven, Canton, Crystal Springs, Fayette, Florence, Hazlehurst, Lexington, Marion, Newton, Port Gibson, Richland, Madison, Ridgeland, McComb, Summit, Vicksburg, Wesson, Woodville, Yazoo City, Biloxi, Gulfport, Long Beach, Ocean Springs, Pascagoula, Moss Point, Pass Christian, Waveland, Clarksdale, Cleveland, Columbus, Columbia, Corinth, Greenville, Greenwood, Grenada, Hattiesburg, Magee, Tylertown, Laurel, Lucedale, Meridian, Natchez, Olive Branch, Southaven, Oxford, Philadelphia, Picayune, Starkville, Tupelo, Batesville, Aberdeen, Belzoni, Bentonia, Carthage, Kosciusko, Louisville, Cleveland, Leland, Clarksdale, Durant, Lexington, Ellisville, Florence, Flowood, Forest, Flora, Hollandale, Holly Springs, Horn Lake, Houston, Indianola, New Albany, Senatobia, Raleigh, Waynesboro, Wiggins, and Winona.

Robert Boyd and Associates is a member of NAPIL

This is an advertisement. The information supplied on this web site is general in nature and should not be relied upon to make legal decisions. This site is intended to provide you with information about our firm and practice. Use of the site, however, does not create an attorney-client relationship. Interacting with e-mail or online forums on this web site does not constitute the creation of an attorney/client relationship. Any decision with respect to legal services is important and should not be based solely upon this, or any other, advertisement. Material provided herein is for informational purposes only and is not intended to constitute legal advice. We cannot guarantee that all material on this site will be complete or current, so nothing herein should be relied upon without consulting with an attorney to insure that it is applicable to any particular situation. FREE BACKGROUND INFORMATION AVAILABLE UPON REQUEST.




Car Wrecks 18 Wheeler Wrecks Motorcycle Wrecks Workers' Compensation Nursing Home Abuse Wrongful Death Offshore Injuries Uninsured & Underinsured Auto Insurance
Other Types Of Cases
© Copyright 2012 – Robert Boyd and Associates, MegaHunter LLC. and Attorney Hunter, an Attorney Directory-Lawyers, Law Firms, Attorneys.
Lawyer Websites – Attorney Websites – Law Firm Websites designed by MegaHunter, LLC. All Rights Reserved.