Real estate refers to the ownership or use of land. It comes under the civil law and covers the right to possess, use, and enjoy land and the permanent man-made additions attached to it.
This law has multiple branches and directly affects the life of a common man.
Certainly, the practice no longer simply involves the sale of property by A to B; it now encompasses acquisitions and disposals, financing, leasing, development, joint ventures and funds.
The real estate sector is the driving force behind the growth of the Indian economy. It is the second largest employment generator and GDP contributor in the country.
Another branch of real estate is land use, which requires attorneys to advise on state and local laws, such as zoning regulations, which affect the behavior and development of the real estate market. There are also aspects of real estate work that sometimes require advice on tax, litigation, restructuring and bankruptcy, and environmental law.