Residential Real Estate Law

1. Property Ownership:
   • Title and Deed: Legal documentation proving ownership of a property. Ensuring a clear title is crucial to avoid disputes.
   • Types of Ownership: Includes sole ownership, joint tenancy, tenancy in common, and community property (in some jurisdictions).

2. Zoning and Land Use:
   • Zoning Laws: Regulations defining how property in specific geographic zones can be used (e.g., residential, commercial, industrial).
   • Building Codes: Standards for construction and safety of residential buildings.

3. Purchase and Sale:
   • Contracts: Legal agreements for the sale and purchase of residential property, including terms, conditions, and contingencies.
   • Disclosure Requirements: Sellers must disclose certain information about the property (e.g., known defects, past repairs).

4. Financing and Mortgages:
   • Mortgage Agreements: Legal documents outlining the terms of a loan secured by the property.
   • Foreclosure: Legal process by which a lender can repossess a property if the borrower fails to meet the terms of the mortgage.

5. Landlord and Tenant Law:
   • Lease Agreements: Contracts outlining the terms and conditions of rental arrangements.
   • Tenant Rights and Responsibilities: Laws protecting tenants from unfair practices, ensuring habitability, and outlining eviction procedures.
   • Landlord Obligations: Requirements for maintaining the property and respecting tenants’ rights.

6. Homeowner Associations (HOAs):
   • Covenants, Conditions, and Restrictions (CC&Rs): Rules governing properties within certain communities, often enforced by HOAs.
   • HOA Governance: Legal structure and powers of homeowner associations, including fee collection and rule enforcement.

7. Property Taxes:
   • Assessment and Levy: Methods of determining property value for taxation purposes and collecting property taxes.

Tax Relief and Exemptions: Various programs and exemptions available to homeowners, such as homestead exemptions.