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real estate litigation lawyer Silver Spring, MD

Real Estate Litigation Lawyer Silver Spring, MD

In today’s market, real estate disputes are increasingly common. Whether you are the property owner of a residence, a condominium association, a commercial real estate developer, or property management company, there’s a fair chance that you will find yourself in a real estate dispute at some point. Some disagreements can be resolved quickly and outside of court, but there are times when litigation becomes necessary. Here our Silver Spring, MD real estate litigation lawyer has reviewed a few of the most common causes of real estate litigation and how you can avoid them. If you have questions or need help with a real estate litigation related matter, please reach out to Eric Siegel Law right now for assistance. 

Breach Of Contract

Real estate agreements are binding contracts. When someone signs a contract to purchase or sell a property, this contains terms and conditions that both parties have to comply with. The real estate contract may entail provisions regarding title clearance, closing date, financing, and which assets are included with the property purchase. When either party fails to abide by the terms in the contract, the other has the right to take legal action for breach of contract. This is why it is important to review your contract thoroughly before signing, so you fully understand what is expected of you and what the other parties must fulfill. We strongly suggest contacting our knowledgeable real estate litigation attorney to read through a contract prior to it being signed. Should your lawyer notice any issues in the contract, they can negotiate with the other party to resolve this issue. It is better to take more time in carefully considering a contract before providing a signature, than to get legally trapped in a contract with terms that are unfavorable for you. 

Failure To Disclose Defect

In most states, a seller has to disclose any property defects that are known and not evident that could impact the value. Let’s say that a buyer discovers that a defect went undisclosed after closing. They can pursue legal action against the seller. The buyer has the right to initiate a lawsuit if the seller failed to be transparent about a known and hidden defect. The buyer must show that the defendant was aware of the defect or should have reasonably known about it, yet intentionally concealed it. Common defects can be things like mold in the walls, holes in the roof, and improvements that never got the proper permits. If you are in a situation now where defects went undisclosed, please contact our office today for advice on what to do next. 

Eric Siegel Law

Real estate transactions are often done with pure intent. But there are times when people aim to conceal the truth about a property which may lead to a dispute. Those who purchase property want to know exactly what they are getting into. Those who lie purposefully to get away with something should be held accountable. If you are dealing with any kind of real estate related matter, we suggest speaking with our MD real estate litigation attorney as soon as you can. Our team at Eric Siegel Law may be able to resolve the dispute without going to court, but if that is not possible, we can prepare your case for court. We are ready to offer guidance. Contact us today. 

Eric-Siegel

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“Attorney Siegel was very responsive and thorough in his analysis of the issues which was presented. I liked his calm and professional demeanor. I would definitely recommend him to anyone seeking competent legal advice.”
Mackenzie M.
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