Legal Issues Covered by Real Estate Law

Laws Real Estate Investors Should Know
April 17, 2017

Real estate investors should always have a mind for law. Given how tricky the market has become, it would certainly be advantageous for you if you have a clear understanding of how real estate law works.

This article provides a quick overview of the real estate laws in North Carolina. It also provides an explanation into the particular legal issues they address.

Right from the start, readers need to understand that there is no single unifying piece of legislature for real estate in the state of North Carolina. Rather, there is an entire body of it that discuss its many particular aspects. Here are the state’s real estate law categories:

  • Homestead Laws – These laws provide the grounds for which citizens, under threat of foreclosure or eviction, can remain in their homes.
  • Adverse Possession Laws – These laws illustrate how one can gain legal claim to a piece of neglected real estate after occupying and improving it.
  • Rental Agreement Laws – These explain the tenant-landlord relationship. It explains the provisions allowed to be part of a rental or lease agreements, specifically pertaining to security deposit limits and more.

Of course, by no means is this list a comprehensive one. It just briefly groups together different laws in simpler categories. It would do you well to read the actual laws themselves.