Real Estate Law Terms

noun a person studying or practicing law

adjective relating to the law or to lawyers

• It is important to seek legal advice before signing any contracts.
• Make sure you have the green light from a legal expert before proceeding.
• Don't do anything sketchy without checking with a legal eagle first.
• Following your moral compass is just as important as abiding by legal standards.

noun the legal right of ownership that provides the holder with the benefits of ownership without the actual title or possession of the property

• Beneficial ownership refers to the legal right of ownership even if the title is in another person's name.
• Having beneficial ownership means you still own something even if someone else holds the title.
• If you have beneficial ownership, it's like you're the real boss even if someone else is in charge.
• In the world of business, beneficial ownership is like holding the keys to the kingdom even if you're not sitting on the throne.