Real Estate Practice Center
The timely, cost-effective resolution of complex real estate matters calls for an attorney who has exemplary legal skills and is experienced in effectively negotiating solutions that are both legally sound and resistant to future litigation. To find out how our firm can work with you to address your immediate needs, contact us to schedule a consultation and case evaluation with real estate attorney.
For more than 35 years, DiJulio Law Group has represented clients in Southern California and Montana in a wide variety of real estate matters. We are experienced attorneys, ready to go to work to help you resolve your issue efficiently and effectively.
Contact the Los Angeles real estate lawyers at DiJulio Law Group at (818) 502-1700 to discuss your case.
Frequently Asked Questions About Real Estate Law
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.
Real Estate Law – An Overview
Real estate law includes both federal and state issues, with the state-level rules varying widely from state to state. These state and federal laws encompass everything from ownership of land and buildings to related issues such as financing, leasing, construction, taxes and environmental laws.
A competent and experienced real estate attorney, like those at DiJulio Law Group in Glendale, CA, can protect a party’s interests in both routine and complex transactions and disputes.
Glossary of Real Estate Terms
Real estate law includes lots of jargon and legalese that can be intimidating or at least confusing, especially to first-time homebuyers. An attorney with experience in real estate law can help a buyer or seller understand the terms and concepts pervasive in real estate transactions. Read on to learn more about the terminology of this specialized area.
A deed is an unassuming and usually short piece of paper that has a big legal impact. A deed transfers an ownership interest in real property, and no real estate transaction where ownership transfers is finished until the deed is delivered to the buyer. A deed must include the names of the buyer and seller and the property’s legal description. The deed is signed by the person transferring the property and may make that person responsible to the buyer for other claims against or conditions on the property.
Buying a home can be stressful and time consuming. Obtaining a home inspection can take some of the worry out of the process. An independent home inspector will give a buyer a complete picture of the condition of the property he or she is considering buying. Most houses are not perfect, and the inspector’s detailed report gives the buyer an unbiased evaluation letting him or her know what needs work now and what will probably need work in the near future.
What to Expect at Closing
A closing, or settlement, is the meeting during which ownership of the property is officially transferred from the seller to the buyer. The buyer and the seller, their attorneys, both real estate sales professionals, a representative of the lender and the closing agent typically attend the closing. The closing involves settling any open issues, balancing and verifying an often complex closing statement, and signing all documents necessary to complete the transaction.
Real Estate Law Resource Links
This general site for the U.S. Department of Housing and Urban Development contains information on homes and communities.
This website of the National Association of Realtors® contains information about the real estate industry, including a section on real estate law and policy.
This site includes numerous real estate related resources, including links to information about buying, selling, financing and improving real property.
This resource contains a collection of data on U.S. housing from the Census Bureau.
Housing news and articles provided by the National Housing Conference, a non-profit organization dedicated to advancing affordable housing for every American.