Property transactions refer to the process of buying, selling, or leasing real estate, which includes land and buildings. These transactions typically involve various steps, such as negotiations, inspections, and the signing of contracts. Both buyers and sellers must understand their rights and responsibilities to ensure a smooth process. During a property transaction, important documents like deeds, titles, and purchase agreements are exchanged. Additionally, parties often work with professionals such as real estate agents, lawyers, and appraisers to facilitate the process and ensure compliance with local laws and regulations.