Most people in Florida probably approach a real estate transaction with a sense of exhilaration to go along with their nervousness. After all, whether the buyer is a first-time homebuyer or a small business owner, buying a piece of real estate is a big move -- sometimes the biggest financial move of a person's life. So, what happens if a wrench gets thrown into the works? How can a Florida resident resolve a real estate dispute?
Most people in South Florida probably know the basics about purchasing real estate. It goes something like this: a buyer finds a piece of property that is for sale, the buyer and seller negotiate the terms of the sale, money is exchanged and title of the property is transferred. It seems pretty simple, right? There's just one problem: the terms in the contract that is negotiated between the parties can come back to haunt one side or the other if they don't get it right before the contract is signed.
When someone enters into a real estate transaction, the possibility that a dispute could arise down the road may be the last thing on a person's mind. Unfortunately, this happens all too often, and when a real estate dispute does arise, the contract between the parties will probably be the biggest part of the problem - or it can be the solution.
There is no question that of all the times a person may need to hire a lawyer for something, completing a real estate sale is one area that can go the smoothest. Drawing up purchase agreements and preparing for closing can be exciting times for both buyers and sellers, and most are only too happy to pay to make sure that there are no unfavorable terms or other reasons not to complete the sale. However, there are also many instances when a real estate dispute can lead to litigation, and when that happens it is always best to have a knowledgeable person on your side to go through the legal process.