A lawsuit can be filed for almost anything, under any set of circumstances. Learn more here about what kind of lawsuits are out there, when you should file, if its worth it and when legal action is necessary.
New Construction Contractor Backs Out Of Deal
A home buyer has been working with a contractor to build a new home. After the plans are set, the contractor decides to pull out of the area. The buyer is stuck finding a new contractor at considerable cost. Sam and Ilyce explain their legal recourse and what would be the best strategy to get their house built.
Real Estate Contract Describes Remedy For Mistakes
Real estate contracts spell out the terms for when either the buyer or seller does not meet his obligations. If there's a breach of contract, both parties should review the contract to understand the remedy for the mistake. When a dispute arises relating to a real estate contract, either party has the right to go to court and sue the defaulting party.
Suing Tenant For Extensive Damage
Tenants leave a landlord with cigarette burns on the carpet and kitchen floor. Damages exceed the security deposit. What can the landlord do to recover the damages? The lease may provide that in case the tenant damaged the apartment, you have the right to restore it to the condition in which it was supposed to be returned. If you are allowed under the lease to replace the carpet and the flooring, you should be able to recover these costs when you sue your former tenants.
Pay Off Mortgage, Hold Title In Only Your Name
How can you get the name of a fellow home investor off a deed after you pay off the mortgage to a home? You may initially need a partner to buy a home, but what can you do if you pay off the mortgage and your partner disappears? You likely want the home's title to list only your name when you pay off the mortgage. To change this you'll need to go to court and file a partition lawsuit with the help of a knowledgeable attorney.
Reverse Mortgages And Lender Liability
If your neighbor has a reverse mortgage, can she and her mortgage lender be held responsible for criminal activity at the home? With a reverse mortgage or hecm, the mortgage lender pays the homeowner over time and the the lender is repaid when the home is sold. But even though the mortgage lender holds a lien on the home, it couldn't be held responsible for the criminal activity. The only one liable is the homeowner. But before a neighbor files a lawsuit, he should contact his local police department.
Difference Of Opinion With Your Lawyer
It isn't unusual for lawsuits, settlements and negotiations to take a very long time. If your attorney is unwilling to listen to you, you must find one that will. Sometimes an attorney and his or her client will disagree on tactics or settlement issues. But if there are fundamental differences of opinion, and you and the attorney cannot agree on how to proceed, then you need new counsel. However, just because you're losing the case, doesn't mean the attorney has done a poor job or does not have your best interests at heart.
Class Action Lawsuit Information
Every year billions of dollars from class action lawsuit settlements go unclaimed by consumers, investors, and small businesses. Are you entitled to some of this unclaimed class action settlement money? Which class action lawsuits apply to you? Find out if there's a class action suit check waiting for you.
Counter Offer Needs Time Limits When Selling Home
A couple never hears back from a counter offer they made and proceeds to deal with a new buyer. Putting a time limit on counter offer when selling a home can help avoid hurt feelings. Adding time limit language to a real estate contract will ensure that offers get followed through on.