property sales

Property sales involve transferring ownership of a property—such as a house or land—from a seller to a buyer. This process typically includes a purchase agreement outlining terms, a financial transaction (like a mortgage or cash payment), and legal transfer of titles through a deed. The sale may be aided by real estate agents or brokers, and involves inspections, appraisals, and negotiations. After completion, the buyer becomes the new owner, and the transaction is recorded with local authorities to establish official ownership. Property sales are fundamental to the real estate market and support property ownership and investment.