Overview of (real estate) sales contracts
I'd like to provide an overview of (real estate) sales contracts.
In a sales contract, the buyer pays the seller.
The seller receives the payment and provides the buyer with goods or services.
In the case of real estate, it is a transfer of ownership of the real estate.
Specifically, the real estate is delivered and registered.
Since this is the registration of an expensive real estate transaction, it is necessary to ask a trustworthy, qualified person (judicial scrivener).
Real Property Registration Act defines the more practical procedures for real estate registration.
In this case, Civil Code may be classified as the substantive law and Real Property Registration Act as the procedural law.
There are other laws that can be explained by the classification of substantive law and procedural law.
For example, Penal Code and Code of Criminal Procedure, Civil Code and Code of Civil Procedure, etc.
- To read this article in Japanese
- To return to Introductory course in Japanese real estate laws
In a sales contract, the buyer pays the seller.
The seller receives the payment and provides the buyer with goods or services.
In the case of real estate, it is a transfer of ownership of the real estate.
Specifically, the real estate is delivered and registered.
Since this is the registration of an expensive real estate transaction, it is necessary to ask a trustworthy, qualified person (judicial scrivener).
Real Property Registration Act defines the more practical procedures for real estate registration.
In this case, Civil Code may be classified as the substantive law and Real Property Registration Act as the procedural law.
There are other laws that can be explained by the classification of substantive law and procedural law.
For example, Penal Code and Code of Criminal Procedure, Civil Code and Code of Civil Procedure, etc.
- To read this article in Japanese
- To return to Introductory course in Japanese real estate laws