Real Estate
There is no ‘Lemon Law’ in the purchase of Real Estate
– Robert Kevin Brown, Jr
There is a saying relative to planning and being prepared…”Measure twice; Cut once”
A prudent real estate transaction takes a great deal of planning. Whether residential, commercial, industrial or institutional, a significant amount of due diligence is involved. Planning is key whether the transaction involves a single family dwelling, an apartment complex, a shopping mall or a large office building. In any of those instances, the dollars that exchange hands is significant.
Attorney Brown takes great care to make sure that his real estate clients follow a detailed path, all the way through closing.
Once a closing occurs, there is no systematic return policy. It is not like taking a pair of pants back to the department store. While the law does provide for the instance where a seller can be forced to re-purchase real estate, a court is VERY loath to grant such relief to a plaintiff. One can sue for monetary damages, but ownership stays, generally, with the buyer.
In short, there is no “Lemon Law” (as there is with cars) in the purchase of real estate.
When selling or leasing as an owner, it is prudent to plan, as well. For example, disclosure of certain items is critical in avoiding a lawsuit down the road, or defending one if one occurs from a disgruntled buyer or tenant.
Yet, lawsuits do occur. Many of Kevin’s litigation clients come to him as a result of real estate transactions gone sour. His multi faceted professional experience in real estate make him well qualified to help his clients build a strong case.
Whether it is a tax assessment appeal, boundary dispute, adverse possession, a suit for damages, trespass, or any other myriad of issues that involve real estate, please contact Kevin’s office for a free initial consultation.