While there may be some California business owners who stand by a good old-fashioned handshake and a verbal agreement to do business, most understand that the absence of a written contract can place them at risk. A married couple in another state who own a bakery business together is currently involved in real estate disputes after recently trying to negotiate a new rental lease with their landlord. The couple says when the landlord mentioned that she'd be raising their rent, they were not surprised by or opposed to the idea.
Anyone who signs commercial or residential property agreements in California will want to make sure all parties involved clearly understand the terms of their contracts. Real estate disputes often arise when one or more parties fail to adhere to agreed-upon terms. A situation unfolding in another state is an example of what can happen when such disputes occur.
A project developer in another state has filed a lawsuit against a homeowner who he says has breached a contract they both signed. Litigation was fueled by real estate disputes that erupted when the homeowner decided not to sell his house to the builder, which, he claims, he had the right to do. California builders or property owners currently facing contract problems may want to review this case.
A man in another state has canceled a proposed deal to sell the home he has owned for approximately 30 years. He was under contract with a building developer, who happens to already own several lots on the same street. The man had agreed to purchase the home for $700,000. Those dealing with real estate disputes in California may want to follow this case.
In one of the nation's oldest cities, commercial property owners are upset about certain administrative decisions they believe have given an unfair competitive advantage to the owners of a particular building. California business owners currently facing similar real estate disputes may want to follow this case. It involves a building that was erected in 1921, the owners of which have been granted more than 70 parking credits for their future business clients.
Perhaps you're one of many California residents who are gearing up for their first ever home purchase. On the other hand, you may already own several commercial or private properties throughout the state. Either way, you no doubt understand that various challenges may arise before you seal a particular deal. It's no secret that real estate disputes can lead to serious economic loss; the sooner you resolve such problems, the better.
Many California homeowners enjoy making improvements on their property. If a neighbor or neighbors objects to a proposed improvement plan, perhaps claiming a new fence or line of trees would encroach over property lines or a shared road easement, etc., things can quickly escalate into bitter real estate disputes. When that happens, it may takes weeks or months to resolve the issues at hand.
For many California residents and commercial property owners, the year ahead includes a long to-do list that includes the task of selling a home or commercial building. Such ventures are typically not without their challenges. However, when sellers are familiar with state codes and regulations and are able to negotiate fair deals with prospective buyers, chances for successful outcomes are high. The story may be quite different though if real estate disputes arise.
Does a California grocery store have a right to close its doors and cease doing business in a community if it so chooses? The answer may not be as cut and dry as one might think. Ongoing real estate disputes in one town are centered on the topic, and all involved are waiting on edge to see how the judge will rule.
A leader of San Francisco Bay Area Renters' Federation (SFBARF) recently commented on a heated debate that has made its way through the court system several times before finally being resolved. The spokeswoman said although the real estate disputes were unfortunate, it was worth it in the long-run because justice was served. In question during the lengthy process was whether a small business homebuilder should be able to build three new homes on a particular California street.