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Realty Dispute Issues: Aborted Transaction Disputes, Deposit Release, Undisclosed Defects, Among Other Things
Question: What are common legal issues in realty transactions?
Answer: Realty disputes often arise from several issues, including the failure to close in broom swept condition, improper removal of fixtures, and failure to disclose latent defects. Seeking professional legal guidance is crucial to navigate these complexities. Denali Paralegal Services is dedicated to assisting clients through these challenges, ensuring you understand your rights and obligations in realty matters.
Realty Issues Commonly Leading to Legal Action
When a realty deal goes awry, legal disputes often arise. In some circumstances the seller of a property may suffer losses and in other circumstances it is the buyer that suffers harm. Regardless of which side of a troubled realty transaction you are on, professional legal advice should be sought.
Common Issues
Frequently occuring realty dispute issues that give rise to litigation involve, among other things:
- The failure to close in broom swept condition;
- The failure to close whereas a buyer abandons the agreement;
- The improper removal of fixtures or certain chattels prior to closing;
- The failure to properly close a pool or perform other maintenance;
- The failure to disclose details regarding a latent defect; and
- The improper concealment of a patent defect.