Sale of Real Property (Land) - Explained

The video tutorial explains the legal procedures for buying or selling real property. It defines real property, discusses the importance of recording ownership in a public office, and outlines the contract requirements under the Statute of Frauds. The roles of various participants, such as buyers, sellers, lenders, and brokers, are detailed. The video also covers contract provisions, the closing process, and the types of insurance involved in property transactions.

What role does a closing agent play in the real property transaction process?

What are some common provisions found in contracts for the transfer of property?

What happens during the closing of a real property transaction?