In this paper, I will explain what real estate really is and what falls under the term real estate. I will elaborate and explain how the acquisition of property rights is acquired and why the acquisition of property rights over real estate is an important legal issue. Also, it will be elaborated what restrictions and rights we have when acquiring property rights. Appropriate laws will explain the role of taxes and real estate brokerage. It will be shown which real estates are owned by the Republic of Croatia and what all falls under state property, and what restrictions the Republic of Croatia has when selling its own real estate. . An example of a sales contract will explain the legal way of acquiring real estate and how sales work. Special attention is paid to the management of real estate in bankruptcy proceedings. It will be explained what bankruptcy actually is, what rights the debtor and the creditor have in the bankruptcy proceedings. Readers of the paper will be acquainted with the legal position of creditors and debtors in bankruptcy proceedings. The deadlines for filing a lawsuit to refute legal actions will be stated, as well as the legal consequences of the bankruptcy proceedings. On the example of practice, the law office will list current events from court practice, ie an example of a judgment in bankruptcy proceedings will be presented.