When buying or selling real estate, you hope that you never run into a serious dispute. The same holds true if you’re in the position of a landlord or tenant.
Unfortunately, especially in and around cities like New York City, this is not always the case. Instead, real estate transactions go bad from time to time. If this happens, you need to better understand your situation and the steps you can take to find a resolution.
Some of the most common types of real estate disputes include:
— Breach of contract
— Recovery of down payment
— Recovery of earnest money deposit
— Fraud or nondisclosure
— Quiet title actions
— Declaratory judgment actions
— Distressed real estate
— Constructive trusts
— Construction litigation
— Contractor contracts
Even when both parties have the best intentions, a real estate transaction can take a turn for the worse.
At our law firm, we’re available to help people put their bad transaction in the past. This is easier said than done, but we help our clients understand their rights and the steps they need to take.
If you find yourself in the middle of a real estate dispute, don’t hesitate to learn more about your situation and your rights. Once you know what you can and can’t do, it’s easier to change your course of direction and put yourself in position to reach a resolution. In the end, what matters most is that you work out a deal you are comfortable with. This will allow you to end the dispute once and for all.