Real Estate Litigation Lawyer Sudbury

 Conflicts over real estate are becoming increasingly common today. There is a good chance you will find yourself in a real estate dispute at some point during your career, no matter whether you are a residential property owner, condominium association, property management company, or developer. When parties cannot agree on real estate issues, litigation becomes essential if they cannot settle them. 

 

Real Estate Litigation Lawyer Sudbury

Breach of Contract

Real estate sales agreements are contracts. When you sign an agreement to buy or sell property, the sales contract will have conditions and terms with which both parties to the contract must yield. The real estate contract will include provisions about the closing date, title clearance, financing, and which assets will be included with the acquisition of the property. When either party fails to follow the terms laid out in the contract, the other party may have a right to sue for violation of the contract.

A violation of contract is one of the most common reasons why people go to court in the real estate world. In a real estate transaction, the terms of the contract may contain specific details related to title release, closing date, assets included in the transaction, and more. In a lawsuit that claims breach of contract, the wronged party or the complainant must prove that they have fulfilled their contractual duties while the other party called the defendant has not. If successful, the complainant is authorized to settle for any losses that they may have suffered as a result of the violation of a contract. In order to avoid breaking any provisions of a contract inadvertently, it is usually advisable to have a shared Real Estate Litigation Lawyer review the contract and provide an explanation of any of its clauses if necessary.

Failure to Disclose a Defect on the Property

In most states, the seller must reveal any known defects that are not evidence that could affect the property value. When the buyer discovers a previously unrevealed defect after closing on the property, the buyer may pursue legal action against the seller. The buyer has a right to file a lawsuit against a seller for loss to disclose a known and not apparent defect. The buyer needs to prove that the defendant knew about the defect or reasonably should have known about it, yet deliberately suppressed it. 

Holes in the ceiling, mold in the walls, leaks, and improvements without proper accreditation are examples of property defects. Take a warehouse as an example. In addition to massive electrical issues, there are also a number of maintenance issues. This defect was not disclosed by the seller, leaving the buyer with a huge construction bill. If the seller fails to disclose a defect on the property, the buyer may have a case against the seller.

Breach of Duty or Negligence

Real estate agents can be sued for neglect or breach of duty. Real estate agents have a legal duty to act in their clients’ best interest and not in their interest or the interest of a third party. Real estate agents must keep susceptible information related to clients, such as their financial situation, confidential.

Specific Performance Failure 

Real estate litigation often affects one party’s failure to fulfill the duties needed in the contract. The other party to a residential or commercial real estate contract can bring a lawsuit if one party does not perform a necessary act. In the case of a lawsuit, harmed parties can provide details detailing the agreement in order to force the other party to accept it. 

Boundary Dispute

When the parties in a real estate transaction have not correctly set forth the property lines, real estate litigation can result. In some cases, property boundaries are not correctly registered. And others, a practical property used by the people who live at the property is not consistent with the legally registered property line. 

You can avoid real estate litigation concerning boundary conflicts by examining the legal boundaries of the property. After exploring the boundaries, your lawyer will warn you about any conceivable lawsuits that could arise.

If you need a help of Real Estate Litigation Lawyer Sudbury then contact Denn Law Group. It is the best law firm for Real Estate Litigation Lawyer Sudbury. For more details about Denn Law Group google: Real Estate Litigation Lawyer Sudbury or call: 978-252-4567.

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