Real estate law is the name given to the branch of civil law that covers rights to possess, use, and enjoy land and the permanent manmade additions attached to it. This includes the capacity to hold interests in real property, permissible interests in real property, relations between owners, relations between owners and the community, landlord and tenant relations, the transfer of interests in real property, and real property financing, including deeds and mortgages. Real estate transactions, such as purchases, sales, and leases, are governed by a wide body of federal and state law, and the requirements established by state law often differ from state to state.

Residential real estate requires the buyer and the seller to first sign a written land contract in order to buy or sell a home. Once the land contract has been signed, the buyer is given time to conduct a title search of the premises and to obtain the necessary financing to make the purchase. The transaction then proceeds to the closing. At the closing, a real estate deed passes ownership from the seller to the buyer. In exchange, the buyer pays the seller the balance of the purchase price. The real estate deed is then recorded.

A Home Owners' Association (HOA) is a legal entity that governs a subdivision, condominium or townhome development, or planned community. HOA membership is mandatory for all property owners within the development. The HOA is run by a board, which is bound by the HOA bylaws, and board positions are filled by election or appointment. The HOA collects a fee assessment from all owners to maintain common areas, address legal and safety issues, and enforce restrictions that are applicable to that particular residential area. The HOA also provides residents with a platform to address common concerns of the community.

We handle home design defects, defective construction, defective foundation claims throughout Mississippi.

Law Office Location: 222 N. President Street, Suite 100, Jackson, MS 39201
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