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 legal documents. Both buyers and sellers must understand their rights and responsibilities to ensure a smooth process. During a property transaction, parties often work with professionals like real estate agents, lawyers, and appraisers to facilitate the deal. Financing options, such as mortgages, may also be involved, allowing buyers to secure funds for their purchase. Proper documentation is essential to finalize the transaction legally.