What happens if one party in a real estate dispute fails to comply with an agreement?
In South Carolina, when one party in a real estate dispute fails to comply with an agreement, the other party may file a lawsuit. This is known as real estate litigation. The court will hear both sides of the case and decide the outcome. Depending on the specific facts of the dispute, the court may order the offending party to pay damages to the other or may rescind the agreement altogether. Additionally, the court may also order the breaching party to perform the actions that were agreed upon in the contract. The court may also award attorneys’ fees and other costs associated with the litigation. This is to encourage parties to abide by the agreements they make and is a deterrent for any future breach of contract. If a party fails to comply with an order from the court, they may face further consequences such as fines or even jail time. It is important to remember that real estate litigation is costly and time-consuming, and it is best to try and resolve legal disputes without taking the matter to court. If, unfortunately, one side breaches an agreement, then the other party can move forward with the legal process.
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