HOMES & PROPERTY: Problems likely to emerge when buying residential real estate
>A transaction of residential real estate normally involves two parties, the buyer and the seller and at times a third party, the lender. If there is a third party, then the transaction becomes a bit complex. Plus, the law that governs conveyance and real estate transaction in general is different from the law governing other kinds of purchases. You cannot compare it to buying a “bodaboda†or a “techno mobile phoneâ€.
TheCitizen
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