What You Need To Know About Real Estate Law

 

Real estate is defined as an immovable property. This involves the possession of a land where buildings, houses, and any improvements are built. Different minerals like gas and oil that are beneath the said land are also a part of the property. Even if this is the case, any other items that can be placed or attached to the land but are only temporary cannot be called real property. Some examples of these are trailers, mobile homes, sheds, etc.

 

The law on owning a real property

 

The real estate law states that once you own a real property, you will have complete freedom when it comes to what you want to do with your land. You can do whatever you want provided that you are complying with the other laws. You have the freedom to lease your land, use it, transfer it, or even sell it. Some states are even lenient to those that choose to leave their lands idle.

 

There are also laws on restrictions of owning a real property. Although it says that we are free to do whatever we want if we have proof of ownership, we still need to be aware of these rules. Violating the real estate law will result to injunctions, penalties, and sometimes even criminal prosecution. Listed below are three of the most common restrictions of owning a real property. Know about Inland Empire business attorneys here!

 

1.            Zoning laws.

 

This specific law restricts us to use our properties for residential, agricultural and commercial purposes. We are also limited when it comes to making improvements to our property. They government established this law to  limit the size and height of buildings and houses. Before making any improvements to your home/ building, make sure that you are aware of the basic concepts of zoning laws.If you want to learn more about business law, you can visit https://en.wikipedia.org/wiki/Category:Lawyers.

 

2.            You are not allowed to store anything that can be harmful to the environment.

 

Because we are given the opportunity to rule the world we live in, it is only right that we protect it and take good care of it. The government will not allow us to store materials that can harm the environment. It is also our duty as responsible citizens to get rid of any environmental hazards from our property. Some examples of these are the following: asbestos, toxic wastes, paint that contain lead, and many others.

 

3.            Easements and right of way.

 

 

Keep in mind that a small portion of your real property should be left open for the public, The law on easements and right of way is established in order for the public to have access to  roads and sidewalks. This is also the reason why  businesses and the government can place electric, gas, telephone, and even sewer lines. Get help from employment defense lawyer Rancho Cucamonga here!