What kind of disputes can arise in a real estate transaction?
Disputes can arise in a real estate transaction when there is disagreement between the parties involved. In California, disputes over real estate transactions can involve a variety of issues, including contract disputes, title disputes, and boundary disputes. Contract disputes involve disagreements over the terms of the agreement between the parties for a real estate transaction. This could include disagreements over the sale price, closing dates, the condition of the property, and other contractual terms. Title disputes can arise when there is uncertainty over the ownership of the property, or when a party does not have clear title to the property. This dispute can arise from a lack of proper documents or if a previous owner had a claim against the property. Boundary disputes involve a disagreement over the exact boundaries of a property, which could be caused by inadequate descriptions in the deed, mistakes during a previous survey, or changes in the landscape of the property since the transfer. No matter what type of dispute arises, it is important for both parties to seek the advice of a qualified real estate lawyer to evaluate the legal options. Real estate disputes can be complicated and require knowledgeable legal counsel to protect the interests of all parties involved.
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