Real Estate
As legal counsel for the most prominent companies in the real estate market, we provide advice on the complete spectrum of transactions that are associated with real estate.
In the context of real estate, the term real estate refers to a wide variety of assets, which may include, but are not limited to, land, buildings, and any and all natural resources (including soil, water, minerals, and animals) that may be present on the site. In addition to real land, a variety of other assets may also be included. Real property, as opposed to personal property, is what the law considers to be real, and estate is the term used to describe a person’s portion of the land property that an individual owns. There is a distinction between personal property and real property.
Major categories of Real Estate
- Attached / multi-unit dwellings
- Detached dwellings
- Portable dwellings
The term transfer of property is defined in Section 5 of the Transfer of Property Act of 1882 as the act by which an individual conveys their property, either now or in the future, to another individual or individuals, to themselves, or to themselves and another person or individuals. Another definition of “to transfer property” is the act of carrying out such an act. It wasn’t until 1882 that the phrase transfer of property first.
The environment and the real estate market
The development of real estate has enormous effects on the surrounding ecosystem. Dust, social disturbance, noise pollution, and energy consumption are all factors that are contributed to by construction projects. The growth of real estate also contributes to environmental contamination, notably in terms of emissions of greenhouse gases and polluting of the air with pollutants.
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