Real Estate Law

Purchasing real estate can be a big step for an individual family. This can be an emotional and meaningful process for someone buying their first property, or simply a good investment made by an experienced buyer. Whatever the circumstances, everyone deserves fair and honest assistance from sellers or contractors. If there is any defect or misrepresentation in these process, this can often lead to a dispute that must be resolved with legal intervention. It is important to be aware to the many risks and complications that can emerge when investing in real estate, so that you know how best to avoid these pitfalls.

According to the website of Plano real estate litigation lawyers Gagnon, Peacock & Vereeke, P.C., some common issues that can arise include: oil and gas royalty disputes, construction defects, commercial landlord / tenant disputes, boundary disputes, easements, and wrongful foreclosure. Wrongful foreclosure occurs when a lender does not use fair practices in attempting to reclaim a persons home. Easements allow a person the use of a property for one a variety of purposes. These are important but often misunderstood, and complications and disputes can easily arise. Construction defects can be some of the most costly and frustrating issues with purchasing real estate. It can be a very complicated process making up for the losses that construction defects cause. If there is a defect or problem with the construction of a property that one purchases, this can lead to sometimes dangerous complications in their investment that could lead to the injury of another.

Often, a person’s home or property is the single most important thing they will own, or one of the biggest investments they will make in their lives. Therefore, it is often vitally important that if there is a dispute regarding that real estate, the seek experienced legal representation, and educate themselves about their circumstances.

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