Litigation of the Real Estate - Things You Need to Know
The disputes that often take place during the purchase, finance or development of a real estate lead to the litigation procedure of it. In simple words litigation means to bring to the court certain cases, here referring to those of the real estate, to take certain legal actions on the occurring dispute. It is not necessary that the property has to be a completely constructed one; it could be in a stage of development yet the litigation that can certainly be done.
The Law Offices of Jeffrey Glassman, LLC is a personal injury specialist; however, Jeffrey has a lot of experience in various types of federal court litigations. He advises clients on the various strategies and considerations that need to be taken during the proceedings in the U.S. Tax court. The attorneys present here are very efficient and zealous in their work and endeavor to litigate your case in court.
The contracts basically are the major reasons for the occurrence of any litigation. Often the vague language of the contracts creates the confusion among the parties involved leading to the litigation process. The attorneys are the people who are most aware of the faulty contracts that are normally signed without paying much attention. Signing a contract without reading its terms and conditions is a very common mistake made by the concerned parties and that is what leads to a pile of confusions.
The construction contracts are another source of confusion and chaos and ultimately litigation. There might arise a situation where both the developer and the contractor have issues related to the finished product or the project scope. In case the litigation is based on the quality of the work, then the solicitor has to take the pain to gather evidence for the dissatisfactory end product, taking the help of an expert. It is this expert who gives a detailed account of the entire scenario to the court.
In case one party gives money to another party, then the receiver has to refund that amount partially or completely. However, if there has been no financial transaction then the judge decides who will pay how much to the other. Experts of the field such as Jeffrey Glassman have observed that financial disputes are not very common within real estate, yet there are rare cases.
The financial dispute might happen when two or more companies decide to jointly fund some piece of real estate and then back out. In this case the other company who remains in the contract is eligible to take the other company to court. The availability of a written contract makes it easier to pass the judgment, as it can be taken as the basis.
Real estate is a great option for investment in the present times which is why the litigation pertaining to real estate has also gained impetus. So, in short real estate litigation refers to the process of finding legal methods to resolve disputes on any kind of immovable property.