property transaction
Buying or selling
A property transaction is the transfer of real estate ownership from one party to another, typically through sale but also by gift, inheritance, or exchange.
The term encompasses the entire process—offer, negotiation, contract, and closing: The property transaction took three months to complete.
In legal and financial contexts, it covers both residential and commercial transfers.
- real estate agentLicensed property seller
- registrationFormal recording of participation
- buyerOne who acquires things
- contractEnforceable written agreement
- mortgageSecured home loan
easement · seller · appraisal · fair market value · deed · transfer of ownership · loan approval · survey · title · clear title · lien · attorney · down payment · title search · realtor · conveyance · equity · inspection
property transactionrental agreement
Contract for temporary occupancy
lease · renting · leasing · sublease · short-term rental
property transactionproperty inheritance
Legal transfer at death
property seizure · eminent domain · property ownership · foreclosure
property transactionproperty inheritance
Legal transfer at death
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