Let's face it: Any real estate transaction can take a turn for the worse. With this in mind, you must make sure you're on the right track from start to finish.
In the event of a complex real estate transaction, there is a greater likelihood of something going wrong. This is not guaranteed to happen, but you definitely need to keep an eye on what's happening around you and the steps you can take to avoid trouble.
Some of the most complex transactions include:
-- 1031 exchanges
-- High value sales
-- Co-op refinancing
-- Transactions between two trusts
-- Sale or purchase of a large development
-- Lease modifications and negotiations
-- Commercial transactions
At our law firm, we've come across every type of real estate transaction imaginable. Unfortunately, there are times when things don't go as planned. It's our goal to ensure that every transaction is structured in a manner to prevent litigation. However, if you need to go down this path, it's important to know your legal rights and the steps that you should take to protect yourself and your deal.
You never know when a complex real estate transaction will pop up and drag you down. If this happens, don't hesitate to learn more about your situation, including your legal rights and the steps you can take to find a solution. It may seem impossible upfront, but there are steps you can take to put your trouble in the past. With the right approach, you can even make the deal happen, despite the original challenges you faced.