Many entrepreneurs deal with real estate daily, often without being aware of it. You rent or buy business premises, lease real estate, invest in commercial property or develop a project. In all these situations, real estate law plays a crucial role.
What falls under real estate law?
Real estate law covers all legal rules concerning real property, including:
- ✓ purchase and sale of commercial and investment real estate
- ✓ rental and leasing of business premises
- ✓ project development and redevelopment
- ✓ disputes over defects, payment, delivery and use
Because it often involves large investments and long-term obligations, the financial interests are considerable.
Why real estate law is legally complex
Real estate brings together multiple areas of law, such as contract law, tenancy law, liability law and administrative law. One unclear provision can have major consequences for your business operations.
Practical example
You rent business premises where serious leaks occur shortly after occupancy. The landlord claims that maintenance is your responsibility. Who is legally responsible?
Want to know where you stand legally with real estate?
Have your situation assessed by a real estate lawyer.