Linje Rivers: Real Estate Law

Linje Rivers is a Senior Attorney. He says that Real estate transactions in U.S. are governed by a multitude of federal statutes, state statutes and common law. An agreement to sell a property is a contract, and is a legally binding agreement between seller & buyer. There are various types of contracts common to real estate transactions, such as a unilateral contract, bilateral contract etc. The contracts may also be expressed or implied.