What kind of disputes can arise in a real estate transaction?

Real estate transactions involve the exchange of money and property and can be complicated and confusing. As a result, disputes may arise between the buyer and seller. In Virginia, some common disputes include boundary disputes, title defects, zoning issues, easements, restrictions on use, failure to disclose known defects in a property, seller misrepresentation or fraud, and breach of contract. Boundary disputes involve disagreement over the exact property lines between two properties. Title defects may arise if a deed contains errors or if title is not properly transferred from one owner to the next. Zoning issues can occur when a buyer makes changes to a property that are not in compliance with local zoning laws. Easements are a right to use someone else’s property for a specific purpose. Restrictions on use refer to certain limitations that can be placed on how a property can be used, such as prohibiting certain types of businesses or activities. Failure to disclose known defects in a property can result in a breach of contract. Seller misrepresentation or fraud occurs when a seller misrepresents the condition of the property or knowingly withholds important information about it. Finally, a breach of contract can occur if either party fails to fulfill their contractual obligations.

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