What happens if one party in a real estate dispute fails to comply with an agreement?

If one party in a real estate dispute fails to comply with an agreement, the other party has the right to pursue legal action. Depending on the nature of the dispute, the remedies available to the injured party may include payment of money to make up for damages, a court order requiring the breaching party to take specific actions, or cancellation of the contract. In Virginia, real estate litigation is governed by the Virginia Real Estate Code. Before taking legal action, the parties should attempt to resolve the problem through negotiation or mediation. If an agreement cannot be reached, the injured party may file a lawsuit in the appropriate court. Depending on the circumstances of the dispute, the injured party may be able to seek relief from a court, such as an order requiring the breaching party to follow through with the agreement, or to pay damages in situations where money has been lost or damages suffered. The court system can be complex, and it is recommended that injured parties obtain legal advice and assistance before filing any lawsuit. An experienced real estate litigation attorney can provide guidance and advice on the available remedies, the potential outcomes of a lawsuit, and the litigation process.

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What happens if one party in a real estate dispute fails to comply with an agreement?

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