PROPERTY LAW

Property Law



Property Law

Consider the statement below: 'Professionalism is the giving of one's best to ensure that clients' interests are properly cared for, but in doing so the wider public interest is also recognised and respected.' Land H (2011) RICS Real Estate Agency and Brokerage Standards.

Introduction

Real Estate is one of the most active industries in the world today. We always have been in a need to own a house. The concept of selling and buying land and furnished houses is not new and the business of real estate has made progress by leaps and bounds during the past two decades. The advent of globalisation has given a further impetus to this already booming business. But the progress has not been without conflicts and misunderstandings about the individuals' roles within the industry. This paper critically analyses the concept of professionalism within this particular industry. In this paper, discussion on obligations and liabilities on part of the parties involved in the business are also discussed with a legal point of view. The difficulties faced by the surveyors are also included in this paper.

English Real Estate Law

The English real estate law (Land Law) appears continental to the European lawyers, who are often confused regarding the provisions and the statutes, because the distinction between the rights in common law (so-called legal interests) and in equity (so-called equitable interests) still plays a major role. The difference between these types of formal law, the contents of the same situations to regulate, can be explained only historically (Bruce, 2004, 85).

Recent experiences have emerged from the pro-real estate professionals demonstrate the commitment of these by improving the quality of services provided to consumers and society general. On the one hand, we must mention the initiative of the association London financing promoters of credit with ethical stamp the contracts signed by its partners to ensure the legality of the clauses and thus guarantee for customers (Brogan, 2005, 58). A measure of this is not only useful but also contribute contributes also to improve the image of the sector to society. We should also consider that representatives of different associations meet in a forum with the Minister of Housing rent basis for collaboration mutual designed to establish rules of the game relations with the activity of intermediary encourage the development of the sector and would- an, ultimately, for society as a whole. Undoubtedly, these measures should be accompanied by further many others, but they are a reflection of the determination to a group of people provide better information and greater assurances quality service to our customers who in the end are the only asset of any professional (Berges, 2004, 25).

Liabilities in Real Estate Business

Advertising is the general method of promoting products and services. Sellers should know the description of the property rules to avoid getting into the legal trouble. Before you start your description of the property complain, there is something you should know about the description of the property law (Barrell, 2004, ...