Adequate remedies should be negotiated by purchaser in the event of a breach by seller to maintain the property.BullardEdwardT.Real Estate Finance Journal
Compensating the real estate agent: Like a buyer, a real estate agent may pursue compensation for breach of contract. If a seller backs out of a contract, they may be able to sue for lost commission and other related expenses. When navigating a scenario like this, you’ll likely need to...
We help owners, developers, secured lenders, loan participants, bondholders, borrowers, guarantors, landlords, tenants, and others with all types of real estate litigation including: Breach of contract Breach of fiduciary duty Construction defects Landslide disputes Lease disputes Lender/broker misrepresen...
But for the seller, backing out of a deal too late in the game can be considered breach of contract, and the buyer can decide to sue the seller if he decides not to move forward. Sellers on the fence about moving should try to make a final decision before going under contract with a...
When one of the parties does not follow their obligations, there is a breach of contract. Another common dispute that arises from a real estate contract is alack of disclosure of pertinent facts. Real estate lawyers commonly see a breach of duty as a dispute. It could be the real estate ...
Define Real Property Agreement. means the Real Property Agreement entered into at the date of the Separation, between PPG and Eagle Natrium LLC;
Legal paperwork is involved in a home sale, including theseller’s disclosures. A seller must disclose any fact that materially affects the property and can be held liable for fraud, negligence, or breach of contract if they do not disclose properly. An agent probably knows more about...
The cases released focus on disputes including one property being illegally sold to two separate buyers, failing to undergo the procedures for applying for property ownership certificates within the prescribed period of time, and payments for breach of contract. ...
COST OF PROCUREMENT OF SUBSTITUTE SERVICES OR PRODUCTS, OR ANY OTHER INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, CONSEQUENTIAL, OR OTHER DAMAGES. THIS APPLIES REGARDLESS OF THE MANNER IN WHICH DAMAGES ARE ALLEGEDLY CAUSED, AND ON ANY THEORY OF LIABILITY, WHETHER FOR BREACH OF CONTRACT, TORT (INCLUDIN...
Breach of Contract, Coronavirus/COVID-19, Legal Update, Real Estate Contracts & Transactions Recent Appellate Decisions Hold COVID-19 Not Force Majeure Event for Nonpayment of Rent by Kelly S. Moir, Esq. on July 25, 2023 COVID-19 tested legal theories and complexities that were previously kn...