What is a Real Estate Transaction?

What is a Real Estate Transaction?

March 25 2020


As the name implies, real estate transactions simply mean transactions involving land, buildings, and another real estate. They may be of different types ranging from purchase agreement contracts, power of attorney contracts, and contracts for deed to lease agreements. In most cases, real estate transactions begin with a written contract and end with a closing. Usual parties involved in real estate transactions are the seller, buyer, real estate agents, real estate attorneys, and Lender if you have a financing arrangement.