Real Transaction

A Real estate transaction is the process whereby a property (or designated real estate) is transferred between two or more parties, one being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the size and complexity of the property being transferred, the large amounts of money being exchanged, and complex government regulations. Conventions and requirements also vary considerably among different countries of the world and among the various smaller legal entities with their specific requirements.