4 Real Estate Law Cases That Could Happen To You

real estate law casesReal estate has become a fairly litigious industry, which sometimes makes it difficult for the average person to deal with. The nature of real estate law cases is often complicated and deeply infused with legalese. If you find yourself in a confusing legal situation relating to real estate, you might benefit from contacting a real estate lawyer. Here are some common real estate law cases that you could face in the future.

  1. Eviction Case
    If you’re behind on your payments and are at risk of being evicted, you should know your rights. Though it varies from state to state, the tenant has certain rights. For example, in California, if a tenant that has lived at the location for over one year, it is required that the landlord provide a minimum of 60 days notice to vacate the premises. Knowing this can potentially give you enough time to make good on payment requirements.

  3. Foreclosure
    No one deserves to have their home foreclosed upon, but failure to make payments to your lender certainly gives them the right to repossess your property. This is because mortgages are secured loans. This means the house is collateral for failure to make payment. If you believe, however, that you were not given ample notice of an impending foreclosure, contact an attorney today.

  5. Building Code Violation
    On the other side of things, you might be a rental property owner. Building codes are set forth by administrative government agencies to protect residents. If your tenants become aware of violations and report them, you could be subjected to lawsuits. To avoid this, regularly have your building inspected.

  7. Adverse Possession
    Also known as ‘squatters rights’, adverse possession refers to any resident of property that doesn’t have legal documentation for their ownership of the property but has maintained residence for sufficient duration that the rightful owner no longer has legal claim to the property. The specific laws vary state to state, and it is best to discuss this with a lawyer.

There are many different real estate law cases due to the complex nature of property ownership. Since these laws are frequently obtuse and difficult to make sense of, it is important to talk to a lawyer with experience in these matters. If you need help with any of these cases, or another real estate law, contact us today.