These FAQs are intended to be a general discussion of common real estate issues, and are not intended to be taken as specific legal or accounting advice that applies to your individual fact situation. Many real estate issues are determined by laws that change from state to state. You are encouraged to talk to your lawyer and accountant to find the exact answers to the questions in your state based on your facts and circumstances. See also the disclaimers below. The FAQs are broken into three categories: issues with residential real estate, issues with commercial real estate, and glossary of real estate terms.