Exchange of Contracts

I mentioned in a previous blog that exchange of contracts is the point in a conveyancing transaction where it becomes legally binding. But what exactly does that mean? I will go into more detail on the process up to exchange of contracts in the future, but what exactly is this magical point of the transactionContinue reading “Exchange of Contracts”

What exactly is Real Estate?

According to Wikipedia Real Estate is property, consisting of land and the buildings on it. Real Estate is often considered an American term, in English common law it is known as Real Property. So why the weird names I hear you ask? Property can be anything that is in your possession, the word has multipleContinue reading “What exactly is Real Estate?”

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