A lot can come up in a real estate transaction so it is important to be prepared and know what to expect. It is also important to have a strategy when facing one of the many real estate litigation concerns that can plague a real estate transaction and know how to respond to help get the real estate transaction back on track.
Real estate litigation disputes can arise from boundary conflicts; easement interpretations; title defects; failure to disclose defects; contract interpretations; enforcement of purchase agreements; zoning and land use problems; and concerns related to eminent domain. Each of these concerns can have a significant impact on a real estate transaction, especially if the parties to the transaction are concerned about how a dispute related to an easement or a zoning restriction, for example, will be resolved.
Zoning concerns can have a significant impact on the use and value of property. Zoning concerns can also impact the property owner’s right to do what they want with their property. Eminent domain issues can impact the property owner’s property rights entirely. A contract dispute can threaten an entire real estate transaction and deal. A problem with the title on a property can create all kinds of havoc for a purchase agreement. None of these concerns can or should be taken lightly.
There are legal and professional resources available to help parties to real estate disputes and litigation address their concerns and help get a real estate transaction back on the track once again. It is important for parties to a real estate transaction to be familiar with these resources and know how they can help them complete a successful real estate transaction.