The Legal Framework of Real Estate Transactions in the Digital Era

Abstract

With the rapid development of digital technology, the digital transaction model has gradually permeated various industries, including the real estate market. However, the widespread application of the digital transaction model has also brought about a series of legal issues, especially in terms of real estate legal relationships, such as the diversification of transaction models, the pluralization of transaction subjects, the automation of transaction processes, and the transparency of transaction information. These issues will have an impact on the legal relationships of real estate. Moreover, the digital transaction model has become the main transaction model in the real estate market, including electronic contracts, online payments, information disclosure, and electronic registration. This new type of transaction model brings convenience and efficiency, but there are also some legal issues that need to be improved in legislation and strengthened in supervision.