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Common Disputes a NJ Real Estate Law Firm Handles
A real estate law firm handles various disputes for clients. Real estate law is complex, and laypeople often have difficulty settling disputes. Clients discover that hiring a real estate lawyer as soon as a dispute arises is the simplest way to come to a quick resolution. Learning more about some of the most common real estate disputes can help you determine whether you can benefit from contacting a law firm.
Common real estate disputes
Real estate law firms handle disputes in and out of court. When outside of the courtroom, attorneys can negotiate and even mediate toward a resolution. In court, they litigate on behalf of individuals, companies, and corporations. These disputes are often related to joint ownership issues, contractor problems, foreclosures, and adverse possessions.
Joint ownership disputes
Joint ownership is not uncommon in real estate. However, this can lead to several disagreements. Often, the joint owners may dispute the management or future use of the property. One owner might also refuse to pay expenses related to the property, causing a dispute. These problems become worse when the contract’s terms are not clear. A real estate law firm can step in and help both parties reach a resolution. If that is not possible, the law firm can litigate on behalf of its client.
Contractor disputes are common for both residential and commercial property. These disagreements can involve subcontractors, contractors, suppliers, homeowners’ associations, and property owners. They usually occur due to unpaid debts, breach of contract, faulty workmanship, negligence, or fraud. A New Jersey real estate law firm can represent clients on either side of the dispute.
According to the Mortgage Bankers Association, one of every 200 homes faces foreclosure in the United States. While each foreclosure can be stressful, most go relatively smoothly, with the owner agreeing to vacate the property. However, some foreclosures become complicated by counterclaims, bankruptcies, and other issues, such as a refusal to vacate. A real estate law firm can represent either borrowers or lenders in such cases, allowing foreclosures to move forward.
Adverse possession disputes
Adverse possession disputes are among the most frustrating for property owners. After occupying a property for 30 days, people can make a claim on the property. New Jersey allows four types of claims: hostile, actual, open and notorious, and exclusive and continuous possession. Since so much is at stake with adverse possession disputes, having a strong legal team is critical.
Getting legal help from a real estate law firm
Because real estate law is so complex, it is hard to represent yourself and get the desired outcome. Choose a real estate law firm to represent your interests instead. A lawyer can help you with commercial and residential property disputes, as well as contractor issues. Begin by consulting with a law firm to go over your options. Then, you can try to settle the disagreement out of court or bring it to trial.
Call us at (732) 449-0449 for more information from Anthony J. Cafaro, P.C. or to schedule a consultation in our office in Sea Girt. NOTE: This is for informational purposes only and does not constitute legal advice.
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