The real-estate market has changed in recent years. When we bought our first house just a few years ago, we worked with a real-estate agent, found a house, and their commission was paid by the seller.

Real estate contracts have always been complicated. But now, home buyers are required to sign agreements with their agents that specify the fee and services before the search begins — the result of a ...

Guidance on common risk allocation mechanisms in commercial real estate contracts, such as purchase and sale agreements, leases, joint venture agreements, loan documents, and construction documents.