Property rights are the degree to which a country’s laws protect private property rights and the degree to which its government enforces those laws. The independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts on the protection of the property are significant factors affecting the desirability of a residential real estate investment. Property law is the area of law that governs the various forms of ownership and tenancy in real property within the common law legal system. Find here legal firms that can assist in land matters.
Property law governs the various forms of ownership and tenancy in real property and personal property. It also provides the principles and rules by which disputes over property are to be resolved. The value of land has always been relatively high and for that reason, the market for buying, selling and leasing property is unlikely to slow. This means that the field is one of the most stable legal practice areas.
Property law includes:
Commercial property law
Commercial property is property used for business purposes, but it can also refer to land which generates some sort of profit for the owner.
Personal property law
A lawyer who works in personal property law is someone who takes care of all the legal aspects of buying or selling personal or residential property.
Find law firms in Zambia that can assist with your property sale or purchase here