Investment property refers to real estate that is purchased with the intent of generating income, either through rental income, resale, or both. Unlike a primary residence, which is typically bought for personal use, investment properties are acquired with the goal of producing a financial return. These properties can be residential, commercial, or industrial, and their … Read more
Raw land refers to land that has not been developed or improved with infrastructure such as roads, utilities, buildings, or other developments. It is essentially “undeveloped” land in its natural state, offering a variety of potential uses depending on the buyer’s intentions and the land’s characteristics. Key Characteristics of Raw Land Undeveloped: Raw land lacks … Read more
Land refers to the natural resources and space on the Earth’s surface that can be used for various purposes, such as agriculture, construction, natural resource extraction, or conservation. Land can be vacant or developed, and its value is influenced by factors like location, zoning laws, land use, and access to utilities. In real estate, land … Read more
Commercial real estate (CRE) refers to properties used primarily for business purposes. Unlike residential real estate, which is meant for living, commercial real estate is used for generating profit through renting or leasing space to tenants. This type of real estate includes office buildings, shopping centers, industrial properties, warehouses, hotels, and multifamily apartment buildings (in … Read more
Residential real estate refers to properties that are used primarily for residential purposes, where people live. These properties can include single-family homes, multi-family units, condominiums, townhouses, apartments, and other types of housing. Residential real estate transactions involve the buying, selling, leasing, and financing of properties where individuals or families reside. It is a key area … Read more
Commercial law, also known as business law or trade law, is the body of law that governs the rights, relations, and conduct of individuals and businesses involved in commercial transactions. It is a branch of private law that deals with the legal aspects of business, such as contracts, sales, intellectual property, and business entities. Commercial … Read more
Labour law (or employment law) is the body of laws, regulations, and legal principles that govern the relationship between employers and employees. It covers various aspects of employment, including rights and obligations of both parties, workplace conditions, wages, discrimination, and dispute resolution. The goal of labour law is to balance the interests of workers, employers, … Read more
Property law is the area of law that governs the rights, responsibilities, and interests related to both real and personal property. It involves the ownership, use, and transfer of property, and outlines the rules for disputes over property rights. Property law can be divided into two main categories: real property (land and things permanently attached … Read more
Criminal law is the body of law that deals with actions or offenses that are considered harmful to society, the state, or public safety. Criminal law defines what constitutes a crime, sets penalties for criminal behavior, and outlines the legal procedures for prosecuting and defending individuals accused of committing crimes. Key Concepts in Criminal Law … Read more
Family law is a legal practice area that focuses on issues related to family relationships. It covers a broad range of topics, including marriage, divorce, child custody, adoption, and domestic violence. Family law helps individuals and families navigate legal matters concerning their relationships and well-being. Key Areas of Family Law Marriage and Civil Unions: Family … Read more