What is commercial real estate law?

Commercial real estate law is the body of laws that governs the ownership and use of commercial or business real estate. This includes statutes, regulations, and case-law that governs the sale, leasing, and construction of buildings and other property used for commercial purposes. In North Carolina, commercial real estate law covers all transactions and activities related to the buying, selling, and leasing of land used for business purposes, such as office buildings, parking lots, warehouses, and stores. Commercial real estate law also applies to the rules and regulations that govern the sale or transfer of title to such property. It covers the rights and responsibilities of buyers, sellers, and tenants in the commercial real estate market, such as the duties of landlords and tenants to maintain the premises and pay rent. It also governs zoning issues, easements, water rights, and other matters related to the use of property for commercial purposes. Commercial real estate law also covers disputes between landlords and tenants, as well as disputes between buyers, sellers, and contractors who are involved in the buying, selling, or leasing of commercial property. If a dispute arises, commercial real estate law requires that it be resolved in accordance with local laws. Finally, commercial real estate law may also provide remedies to parties who suffer losses due to illegal or fraudulent activities in the commercial real estate market.

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