Whether you are a buyer, seller, or other involved party facing conflicts related to property transactions, we are here to protect your rights and interests. Contact Bridgford, Gleason & Artinian to arrange a free consultation today by calling (949) 831-6611 or sending us a message online.
Why Choose Our Firm?
- Our real estate lawyers have extensive knowledge and experience handling purchase and sales agreement disputes.
- We stay updated with the latest laws and regulations to provide accurate and effective legal advice.
- Our lawyers are skilled negotiators and litigators who strive to achieve the best possible outcome for our clients while minimizing time and costs.
- Our partners successfully argued and prevailed in the landmark appellate decision Furla v. Jon Douglas Co. (1998) 65 Cal.App.4th 1069, which established a standard of care and duties owed by real estate brokers to purchasers in residential real estate transactions.
Common Disputes Involving Real Estate Purchase and Sales Agreements
Clients often face conflicts related to the following:
Failure to Disclose
Disputes may arise if the seller fails to disclose material information about the property, such as known defects or structural issues, environmental hazards, or any legal disputes affecting the property.
Fraud or Misrepresentation
When one party intentionally provides false or misleading information regarding the property, such as its condition, history, or value.
If the property appraisal comes in significantly lower than the agreed-upon purchase price, disputes may arise regarding renegotiating or terminating the agreement.
Breach of Contract
One party may fail to fulfill their obligations under the Purchase and Sales Agreement, such as not delivering the property in the agreed-upon condition or not making necessary repairs before the closing.
When a buyer is unable to secure financing as specified in the agreement, resulting in the inability to complete the purchase.
Earnest Money Disputes
Disputes may occur regarding the forfeiture or return of the earnest money deposit if the transaction falls through due to one party’s default or the failure to meet certain conditions outlined in the agreement.
When a contingency stated in the agreement, such as the sale of the buyer’s current property or the satisfactory completion of inspections, is not met, and the parties disagree on how to proceed.
Title and Ownership Disputes
Disputes regarding the validity of the title, encumbrances, boundary disputes, or conflicting property ownership claims.
Time and Performance Delays
When either party fails to meet the agreed-upon deadlines or faces delays in the performance of their obligations, resulting in financial or other consequences.
Termination and Cancellation
When either party seeks to terminate or cancel the agreement before the closing for reasons not specified or agreed upon in the contract, leading to disagreements over the rights and remedies of the parties involved.
It is important to note that these are general examples, and specific types of disputes can vary depending on the purchase and sales agreement terms.
How an Attorney Can Help with Your Purchase and Sales Agreement Dispute
A real estate lawyer will carefully review the purchase and sales agreement to identify any ambiguous or problematic provisions. They can provide an accurate interpretation of the contract’s terms and conditions, explaining the rights and obligations of each party involved. This analysis can be crucial in determining the strength of your case and formulating an appropriate legal strategy. They can also advise you on potential courses of action and the associated advantages and risks, such as seeking specific performance, pursuing damages, or terminating the agreement.
We Can Help
We understand the significant risks involved in the purchase and sale of real estate due to the high value of these types of assets. Our skilled and trusted Real Estate Lawyer can help you resolve disputes related to purchase and sales agreements. Arrange a free consultation today by calling Bridgford, Gleason & Artinian at (949) 831-6611 or reaching us online.