From the course: Real Estate Contracts

Unlock this course with a free trial

Join today to access over 24,900 courses taught by industry experts.

Identifying real property

Identifying real property

From the course: Real Estate Contracts

Start my 1-month free trial Buy for my team

Identifying real property

“

- [Instructor] Section two, real property. This section describes the real property that is being sold. In a real estate transaction, anything that is fixed or permanently attached, such as land and buildings, is referred to as real property. We need to make sure we clearly identify the property being sold in this transaction with the correct street address, the city or town, the county, the state, and the zip code. Make sure to include the correct legal description for the property that you can find in your local public records or from a title company or title attorney. It's also a good idea to include the parcel ID or parcel number that you can find from your local assessor's office.

Contents