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Real estate simply means land and anything that is attached to it, like buildings, fences, and things attached to buildings, such as plumbing, heating, and light fixtures. Anything not fixed to the land or building is called personal property, such as furniture and draperies. A hybrid type of ownership, cooperative apartment or condominium.
The Sale of Residential property is governed by a number of laws in New Jersey.
In most cases the buyer will borrow a portion of the purchase price and will provide the bank or other lending institutions with a security interest to obtain a mortgage for the property. Whether you are planning to sell your property or buy a new one, Cleary Reid, LLC of Rutherford, NJ is the real estate attorney you need.