Real estate disputes can be caused by a range of problems, some of which are very easy to fix and others that require litigation to solve. Depending on the dispute, you very well could find yourself sitting face-to-face with the other party in a courtroom because you’ve exhausted all other options. Let’s take a look at the issues that can lead to real estate litigation when involved in a dispute.
One of the most common reasons a real estate dispute ends in litigation is a breach of contract. It’s very easy to breach the terms of a contract even though it is wrong. Breach of contract occurs when one or more parties involved in a contract break the terms of that contract by either failing to complete the requirements or not issuing payment after services have been rendered.
The failure to disclose a problem is also a common reason for real estate disputes to reach the litigation stage. There are various disclosure requirements that must be met in the real estate world. Should the seller of a property be required to disclose issues with said property and doesn’t, it could lead to litigation.
Real estate agents have a duty to act on behalf of their clients, who can either be sellers or buyers. If the agent does not act properly on the behalf of their clients, it can lead to what’s called a breach of duty. This is another common way that a real estate dispute can end in litigation.
Real estate disputes in Florida can be quite complex. If you aren’t familiar with the market, it’s important to discuss your situation with an experienced attorney. You never want to go through a real estate dispute on your own.