Q: What is real estate?
A: Real estate (also called real property) refers to land and things attached to land. For most consumers, real estate consists of their home and the lot surrounding it. Commercial real estate may include factories, equipment and other facilities. In addition to buildings and equipment, resources existing on or under the land, including minerals and gas, are part of real estate. Some of these components of real estate can be sold separately.
Q: What is a deed?
A: Deeds indicate, and are generally required to transfer, ownership of real estate. A deed contains the names of the old and new owners and a legal description of the property and is signed by the person transferring the property. The different kinds of deeds, such as the warranty deed, quit claim deed and grant deed, transfer different interests in property.
The Fairfield County real estate attorneys at Volman Law assist buyers and sellers with the paperwork, title search, title insurance, financing, and closing services they need for the purchase of a home or lot or purchase or building of a commercial property. We’re a family-friendly law firm and we welcome the opportunity to work with your family at this exciting time in your life.
Contact our Bridgeport, New Haven Connecticut, office by e-mail or call (203) 929-7771.
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