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When someone rents or purchases a place regardless of whether that spot is a luxury hotel or a piece of farmland the transaction is often governed by rules that are specific to the jurisdiction where the property is located. Some attorneys are experts on the federal, state and local laws, statutes and regulations that apply to the exchange and usage of “real estate,” a legal term for undeveloped or developed land and any buildings and resources that exist on that land. What Real Estate Law Is and What Real Estate Attorneys Do When there are competing claims to the same physical space such as a botanical garden, parking lot or skyscraper, the dispute is often resolved through the application of real estate law. ....