Ownership of property may

be private, collective or
common and the property
may be objects, land or
intellectual
property.
Determining ownership in
law, involves determining
who has certain rights and
duties over the property.
The question of ownership
reaches back to ancient
philosophers, Plato thought
private
property
created,
divisive inequalities, while
Aristotle
thought
private
property enabled people to
receive the full benefit of
their labor. Ownership is the
basis
for
many
others
concepts
that
form
the
foundations of the ancient
and modern societies such as
money, trade, debt and
private vs. public property.
Ownership is the key building
block in development of the
capitalist
socio-economic
system. Adam Smith stated
that one of the sacred laws of
justice was to guard a
persons
property
and
possessions.
The process and mechanism
of
ownership
are
fairly
complex: one can gain,
transfer and lose ownership
in a number of ways, by
purchasing or selling it for
money, exchanging it for
other property, earn it, inherit
it, misplacing it etc.
A
cadaster
commonly
includes details of ownership,
the
tenure,
the
precise
location, the dimensions, the
cultivations if rural. The
cadaster is a fundamental
source of data in disputes

and
law
suits
landowners.

between

A real estate contract is a

contract for the purchase or
exchange
of
land
and
property between two or
more parties. The contract
can cover a purchase, sale,
lease or rental. The real
estate
contract
follows
normal law and sometimes is
known as a land contract or
as contract for deed. Also, a
real estate contract, must:
Identify the parties; Identify
the real estate - propertys
address;
Identify
the
purchase
price;
Include
signatures; Have a legal
purpose; Involve competent
parties; Reflect a meeting of
minds - each side must agree
on the obligations of the
contract;
Include
consideration money being
the
most
common
of
consideration. Also, if there
are
any
broker/agent
brokering the sale, than the
broker commonly gets a
contract form from a real
estate association and when
both buyer and seller have
agreed to the contract by
signing it, the broker provides
copies of the signed contract
to the buyer and seller.
1. When you mean the
signing of the sales purchase
contract, it is necessary to
consider same measures to
ensure the smooth running of
your transactions.

2. You must ensure that

sellers property documents
are fully compliant.
3. For this thing, you can
consult with a public notary
who will identify the salespurchase contract.
4. Take care
that the
cadastral documentation to
be prepared by an appointed
cadastral expert.
5. You have to ensure that
the seller declares on his own
responsibility, according the
law no. 10/2001, that the
property you are going to buy
is not claimed as well as
there are no legal cases
related to this.
6. Through a public notary,
you must ask a copy from the
cadaster authentication five
days before youll sign the
sales-purchase contract.
7. Dont forget to verify
carefully, multiple times, the
sale-purchase
contract
written by notary, before
signing.
8. In case that you will buy a
real estate from joint owners,
in case not all of them are
present when the contract is
signed it is necessary to
verify the mandate based on
the a special procurement
which was authenticated by a
public notary.
9. According to the mandate,
the present joint owner can
sign in the name of the
absent person.
10. Take care to analyze
carefully the price of the real
estate stipulated in the
contract, as well as the
currency in which it will be
charge.