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Real estate dispute involves new luxury home development

A company recently expressed renewed interest in building a luxury residential development in California. However, it has received resistance from the council of the city in which it wishes to build, as the development would be built on an area considered to be environmentally sensitive. The company, therefore, recently decided to file a legal claim against the municipality. If people in Los Angeles or other parts of the Golden State are unable to resolve a real estate dispute on their own, it is within their rights to take legal action. In this California case, the company that wants to build a development had planned on creating one with 79 homes. The homes would be built on more than 40 acres of land. The potential site is essentially undisturbed desert. In addition to suing the city for rejecting its building proposal, the company claimed that it had paid a whopping 150 percent of the fees required to get particular documents processed quickly in connection with the possible development. However, the company allegedly ended up receiving no preference. However, city officials as well as residents near the potential development site claimed that the design of the project did not meet the city’s quality standards. The company claimed that if its development cannot move forward, its property will be devalued by more than $4 million. As part of its lawsuit, the company is seeking for the court to permit it to continue with the development. It is also seeking the repayment of its legal costs. It is within the rights of a person in Los Angeles who is involved in a real estate dispute with city officials or with another company to fight for his or her best interests considering the circumstances surrounding his or her case. Source: desertsun.com, “ Wessman sues Palm Springs over real estate development “, Skip Descant, Jan. 9, 2017

Real estate dispute involves new luxury home development

A company recently expressed renewed interest in building a luxury residential development in California. However, it has received resistance from the council of the city in which it wishes to build, as the development would be built on an area considered to be environmentally sensitive. The company, therefore, recently decided to file a legal claim against the municipality. If people in Los Angeles or other parts of the Golden State are unable to resolve a real estate dispute on their own, it is within their rights to take legal action. In this California case, the company that wants to build a development had planned on creating one with 79 homes. The homes would be built on more than 40 acres of land. The potential site is essentially undisturbed desert. In addition to suing the city for rejecting its building proposal, the company claimed that it had paid a whopping 150 percent of the fees required to get particular documents processed quickly in connection with the possible development. However, the company allegedly ended up receiving no preference. However, city officials as well as residents near the potential development site claimed that the design of the project did not meet the city’s quality standards. The company claimed that if its development cannot move forward, its property will be devalued by more than $4 million. As part of its lawsuit, the company is seeking for the court to permit it to continue with the development. It is also seeking the repayment of its legal costs. It is within the rights of a person in Los Angeles who is involved in a real estate dispute with city officials or with another company to fight for his or her best interests considering the circumstances surrounding his or her case. Source: desertsun.com, “ Wessman sues Palm Springs over real estate development “, Skip Descant, Jan. 9, 2017

Real estate dispute may involve failure to disclose defect

Purchasing a house in Los Angeles is a complicated and lengthy process. A majority of used homes feature some items requiring upgrading or replacement — for instance, rusted pipes or outdated wiring. However, in general, the seller has a duty to disclose any major defects in the house, and if this is not done, a real estate dispute may ensue. Sellers are generally required to disclose any material defect in their properties to buyers before their sales are deemed valid. Material defects are specific issues with components or systems of home properties that might have a major negative impact on the properties’ value. In some cases, a material defect may pose a risk to individuals that is considered unreasonable. Some types of defects happen to be obvious and thus are disclosed early on. However, other defects may not be noticed until after a person has completed his or her transaction and moved into the home. In this case, the person might have some options for correcting any wrong that has been committed, depending on the severity of the defect. In some cases, the seller of the home featuring a material defect may be held liable for an undisclosed defect. However, in other situations, liability might extend to either the buyer’s or seller’s broker or even to the home inspector. The right legal guidance in Los Angeles can help people to pinpoint who might be responsible and then explore all of his or her options in this type of real estate dispute. Source: findlaw.com, “ Home Defects Discovered After the Sale “, Accessed on Dec. 13, 2016

Real estate dispute may involve failure to disclose defect

Purchasing a house in Los Angeles is a complicated and lengthy process. A majority of used homes feature some items requiring upgrading or replacement — for instance, rusted pipes or outdated wiring. However, in general, the seller has a duty to disclose any major defects in the house, and if this is not done, a real estate dispute may ensue. Sellers are generally required to disclose any material defect in their properties to buyers before their sales are deemed valid. Material defects are specific issues with components or systems of home properties that might have a major negative impact on the properties’ value. In some cases, a material defect may pose a risk to individuals that is considered unreasonable. Some types of defects happen to be obvious and thus are disclosed early on. However, other defects may not be noticed until after a person has completed his or her transaction and moved into the home. In this case, the person might have some options for correcting any wrong that has been committed, depending on the severity of the defect. In some cases, the seller of the home featuring a material defect may be held liable for an undisclosed defect. However, in other situations, liability might extend to either the buyer’s or seller’s broker or even to the home inspector. The right legal guidance in Los Angeles can help people to pinpoint who might be responsible and then explore all of his or her options in this type of real estate dispute. Source: findlaw.com, “ Home Defects Discovered After the Sale “, Accessed on Dec. 13, 2016

Court rules for plaintiff in real estate dispute

A man in California who purchased a mansion in cash was under the impression that the home was 15,000 square feet in size. However, a couple of years later, he discovered that the home’s square footage was actually listed as being under 10,000 in records for the home. That is when he sued the agent of the seller as well as the brokerage firm. California’s Supreme Court in this real estate dispute recently ruled unanimously in the plaintiff’s favor, with the outcome of this legal case having implications for both homebuyers and real estate agents in Los Angeles and elsewhere. According to the California Supreme Court, the agent of the seller had a responsibility to disclose information about the home that was relevant to the buyer. This was deemed necessary since both the seller’s and buyer’s agents worked as part of the exact same firm. This case has received a great deal of attention in the area of real estate because the industry was fearful that the court may establish requirements forcing agents to disclose information that might harm the clients who chose to hire them. Following the recent ruling, however, people in the real estate industry indicated that they did not expect upheaval since the decision was narrow. After all, square footage-related disputes are not uncommon. However, with the court’s decision, agents will be required to exercise more caution when it comes to disclosing information, and more paperwork may be required. Real estate agents in Los Angeles and other areas who represent the buyer and the seller have a duty to serve both clients. If the failure to disclose information leads to a real estate dispute, the buyer who feels he or she has been duped has the right to take legal action in an effort to right any wrong that has been committed. An understanding of what facts must be proved will likely be necessary to prevail in this type of case. Source: latimes.com, “ Home buyers’ and sellers’ interests must be protected when the same firm represents both, state Supreme Court rules “, Maura Dolan and Andrew Khouri, Nov. 21, 2016

Court rules for plaintiff in real estate dispute

A man in California who purchased a mansion in cash was under the impression that the home was 15,000 square feet in size. However, a couple of years later, he discovered that the home’s square footage was actually listed as being under 10,000 in records for the home. That is when he sued the agent of the seller as well as the brokerage firm. California’s Supreme Court in this real estate dispute recently ruled unanimously in the plaintiff’s favor, with the outcome of this legal case having implications for both homebuyers and real estate agents in Los Angeles and elsewhere. According to the California Supreme Court, the agent of the seller had a responsibility to disclose information about the home that was relevant to the buyer. This was deemed necessary since both the seller’s and buyer’s agents worked as part of the exact same firm. This case has received a great deal of attention in the area of real estate because the industry was fearful that the court may establish requirements forcing agents to disclose information that might harm the clients who chose to hire them. Following the recent ruling, however, people in the real estate industry indicated that they did not expect upheaval since the decision was narrow. After all, square footage-related disputes are not uncommon. However, with the court’s decision, agents will be required to exercise more caution when it comes to disclosing information, and more paperwork may be required. Real estate agents in Los Angeles and other areas who represent the buyer and the seller have a duty to serve both clients. If the failure to disclose information leads to a real estate dispute, the buyer who feels he or she has been duped has the right to take legal action in an effort to right any wrong that has been committed. An understanding of what facts must be proved will likely be necessary to prevail in this type of case. Source: latimes.com, “ Home buyers’ and sellers’ interests must be protected when the same firm represents both, state Supreme Court rules “, Maura Dolan and Andrew Khouri, Nov. 21, 2016

Real estate litigation may stem from failure to disclose facts

Under California law, real estate agents are obligated to disclose every known material fact that may affect the choice of a buyer. This same requirement applies to sellers of residential real estate. If these parties fail to abide by the law, this is grounds for real estate litigation in Los Angeles. Real estate sellers and agents must disclose to potential buyers any construction defects of which they are aware. It is also legally necessary to reveal any clouds that might be on the title of the property. Essentially, any issues that might influence the property’s desirability or value need to be revealed. Even in a situation in which a property is being sold as is, the seller and the broker of the seller have to disclose material facts that the potential buyer may not know that might impact the party’s decision to buy the property. Failing to let a buyer know about essential facts can be considered real estate fraud. Other types of real estate fraud that may negatively impact buyers include fraudulent title transfers and the misrepresentation of the features of a property. Sometimes sellers and sellers’ agents may also disguise signs of mold in a building. If you are a buyer and have been defrauded by a real estate agent or seller, you have the right to take legal action. An attorney can fully defend your interests and investments through the process of real estate litigation in an effort to right any wrongdoing that has been committed against you in Los Angeles or the surrounding areas in Southern California.

Real estate litigation may stem from failure to disclose facts

Under California law, real estate agents are obligated to disclose every known material fact that may affect the choice of a buyer. This same requirement applies to sellers of residential real estate. If these parties fail to abide by the law, this is grounds for real estate litigation in Los Angeles. Real estate sellers and agents must disclose to potential buyers any construction defects of which they are aware. It is also legally necessary to reveal any clouds that might be on the title of the property. Essentially, any issues that might influence the property’s desirability or value need to be revealed. Even in a situation in which a property is being sold as is, the seller and the broker of the seller have to disclose material facts that the potential buyer may not know that might impact the party’s decision to buy the property. Failing to let a buyer know about essential facts can be considered real estate fraud. Other types of real estate fraud that may negatively impact buyers include fraudulent title transfers and the misrepresentation of the features of a property. Sometimes sellers and sellers’ agents may also disguise signs of mold in a building. If you are a buyer and have been defrauded by a real estate agent or seller, you have the right to take legal action. An attorney can fully defend your interests and investments through the process of real estate litigation in an effort to right any wrongdoing that has been committed against you in Los Angeles or the surrounding areas in Southern California.

Real estate dispute may occur due to one of many issues

A real estate attorney can ensure that the provisions in your real estate contract will protect you. You can also have a claims strategy designed that mitigates losses and maximizes your ability to get insurance coverage in the future, even in a challenging market. Unfortunately, not all real estate transactions go smoothly. If a real estate dispute occurs in Los Angeles, the right legal assistance can help you navigate the litigation process. Some issues you may need help addressing include adverse possession or easement and boundary disputes. Other problems include broker malpractice and breach of contract. Still other issues that may be challenging to address  include construction defects, foreclosure disputes and failure to disclose. Litigation may also be necessary with regard to disputes involving purchases and sales, subdivision issues and title problems. Escrow and title insurance issues, along with restitution claim-related problems, may also crop up. In addition, you may find legal representation necessary if you are dealing with claims about real estate fraud. For example, perhaps a real estate broker or agent misrepresented property features or failed to disclose construction defects. The real estate industry is complicated, and if you do not understand the law, you could be taken advantage of during a real estate dispute. This can be costly financially and emotionally. A Los Angeles attorney can help you to draft and review your initial transaction documents, provide risk management solutions that will benefit you long term and help to resolve litigation in a way that protects your best interests.

Real estate dispute may occur due to one of many issues

A real estate attorney can ensure that the provisions in your real estate contract will protect you. You can also have a claims strategy designed that mitigates losses and maximizes your ability to get insurance coverage in the future, even in a challenging market. Unfortunately, not all real estate transactions go smoothly. If a real estate dispute occurs in Los Angeles, the right legal assistance can help you navigate the litigation process. Some issues you may need help addressing include adverse possession or easement and boundary disputes. Other problems include broker malpractice and breach of contract. Still other issues that may be challenging to address  include construction defects, foreclosure disputes and failure to disclose. Litigation may also be necessary with regard to disputes involving purchases and sales, subdivision issues and title problems. Escrow and title insurance issues, along with restitution claim-related problems, may also crop up. In addition, you may find legal representation necessary if you are dealing with claims about real estate fraud. For example, perhaps a real estate broker or agent misrepresented property features or failed to disclose construction defects. The real estate industry is complicated, and if you do not understand the law, you could be taken advantage of during a real estate dispute. This can be costly financially and emotionally. A Los Angeles attorney can help you to draft and review your initial transaction documents, provide risk management solutions that will benefit you long term and help to resolve litigation in a way that protects your best interests.

Preparing for litigation when facing a real estate dispute

The buying and selling of private and commercial properties is an integral part of the economy in Los Angeles and throughout California. Regardless if they are investors looking to improve and re-sell, average families searching for a dream home, or business owners scouting out the perfect locations for their companies, the ebb and flow of the real estate market affects many people in various ways. When a real estate dispute arises, litigation is sometimes the only way to successfully resolve the issue. Many developers find themselves facing challenges regarding purchase and sales agreements, zoning and entitlements. Lenders, on the other hand, are no strangers to disputes surrounding loan commitments, collateral recovery or defaults. Any of these situations may have both immediate and long-term negative effects if steps are not taken to find solutions in swift and economically feasible manners. The details of disputes involving real estate are often complicated. Individual state laws may have significant bearing on the outcomes in many cases. Because real estate law is complex, it is advisable to seek clarification before pursuing any sort of formal legal action in court. In such circumstances, an experienced real estate attorney would likely prove valuable as resource for support. Goodkin & Lynch, LLP serves clients in Los Angeles and Orange counties, as well as all other areas throughout California. We rely on our vast experience and proved record of success when addressing a real estate dispute. Our dedicated team of attorneys is committed to applying the same skill and effective representation that we have successfully demonstrated in some very high-profile cases to each and every client who comes to us seeking solutions to real estate problems.

Preparing for litigation when facing a real estate dispute

The buying and selling of private and commercial properties is an integral part of the economy in Los Angeles and throughout California. Regardless if they are investors looking to improve and re-sell, average families searching for a dream home, or business owners scouting out the perfect locations for their companies, the ebb and flow of the real estate market affects many people in various ways. When a real estate dispute arises, litigation is sometimes the only way to successfully resolve the issue. Many developers find themselves facing challenges regarding purchase and sales agreements, zoning and entitlements. Lenders, on the other hand, are no strangers to disputes surrounding loan commitments, collateral recovery or defaults. Any of these situations may have both immediate and long-term negative effects if steps are not taken to find solutions in swift and economically feasible manners. The details of disputes involving real estate are often complicated. Individual state laws may have significant bearing on the outcomes in many cases. Because real estate law is complex, it is advisable to seek clarification before pursuing any sort of formal legal action in court. In such circumstances, an experienced real estate attorney would likely prove valuable as resource for support. Goodkin & Lynch, LLP serves clients in Los Angeles and Orange counties, as well as all other areas throughout California. We rely on our vast experience and proved record of success when addressing a real estate dispute. Our dedicated team of attorneys is committed to applying the same skill and effective representation that we have successfully demonstrated in some very high-profile cases to each and every client who comes to us seeking solutions to real estate problems.

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