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Realty Dispute Issues: Aborted Transaction Disputes, Deposit Release, Undisclosed Defects, Among Other Things
Question: What are common realty issues that could lead to legal disputes?
Answer: Realty disputes can arise from various situations such as the failure to close the transaction in a broom swept condition or the improper removal of fixtures before the closing date. Seeking legal guidance is essential, and DK Legal Practice can assist you in navigating these complex issues to protect your rights and interests in realty transactions.
Realty Issues Commonly Leading to Legal Action
When a realty deal goes awry, legal disputes often arise. In some circumstances the seller of a property may suffer losses and in other circumstances it is the buyer that suffers harm. Regardless of which side of a troubled realty transaction you are on, professional legal advice should be sought.
Common Issues
Frequently occuring realty dispute issues that give rise to litigation involve, among other things:
- The failure to close in broom swept condition;
- The failure to close whereas a buyer abandons the agreement;
- The improper removal of fixtures or certain chattels prior to closing;
- The failure to properly close a pool or perform other maintenance;
- The failure to disclose details regarding a latent defect; and
- The improper concealment of a patent defect.
