You Can Rely Upon
Buying and selling real estate can be a complicated and confusing process, and it is critical for people to completely understand their rights and duties before entering into an agreement. Even if a real estate contract is clear and thoroughly defines each party’s obligations, disputes can nonetheless arise. Thus, it is prudent for people considering buying or selling property or embroiled in an argument over a real estate agreement to speak to a lawyer to assess their available options. The skillful Plainville and Bristol real estate attorneys of Jainchill & Beckert, LLC, are proficient at handling transactional matters and litigation claims involving property related disagreements. If you engage our services, we will work diligently to help you seek to protect your rights. Our lawyers have in excess of five decades of mutual experience handling real estate matters, and we are eager to aid you with your legal needs.Real Estate Transactions
Recent changes in Connecticut law created an obligation for certain real estate transactions to be performed by an attorney. Specifically, the relevant statute provides that all real estate closings must be conducted by an attorney with an active Connecticut license. Real estate closings include a closing for a mortgage loan transaction, other than deals that do not involve the issuance of a policy of title insurance and closings on home equity lines of credit. Closings also include any dealing where one party pays another consideration to transfer ownership of real property and should be handled by real estate lawyers in Plainville and Bristol.
While attorneys are required for many real estate closings, it is also prudent for anyone considering buying, renting, or selling a property to seek the assistance of a lawyer prior to finalizing any dealings. Attorneys can assist in negotiating fair terms to any ownership or loan contract and can help to make sure that any such agreement contains provisions that clearly set forth each party’s rights and duties. An attorney can also assess whether the title to a property is valid or whether any issues exist that would prevent a valid transfer from taking place.Resolving Disputes Arising Out of Real Estate Contracts
Even if parties take great care to develop thorough and clear agreements prior to transferring interest in real estate, disputes may nonetheless arise, and in some instances, disagreements can only be resolved via legal intervention. Generally, lawsuits arising out of real estate transactions will entail the plaintiff alleging that the defendant breached a rental or sale agreement. Thus, the plaintiff and our Plainville and Bristol real estate lawyers must prove that the parties agreed to enter into a contract in exchange for consideration and that the plaintiff performed its duties pursuant to the agreement. The plaintiff must then show that the defendant failed to comply with its contractual obligations to the detriment of the plaintiff. For example, if a plaintiff rented property to the defendant, and the defendant failed to pay rent to the plaintiff, it will likely constitute a breach of contract.
In other instances, a plaintiff may allege that the defendant either intentionally or negligently failed to disclose critical facts to the plaintiff prior to entering into an agreement, which caused the plaintiff to suffer economic harm. This may occur when a seller of a property does not inform the buyer that the property suffers from latent defects that the seller is aware of, such as termite infestation or a leaking roof. Issues may also arise between a party that owns or rents a property and the township regarding permissible uses of the property, which may require legal action to settle.Consult an Experienced Real Estate Lawyer
Although real estate deals often move quickly, they can have a lasting impact on a person's or company’s rights and financial status. If you are interested in buying or selling residential or commercial property, it is prudent to speak to an attorney to evaluate what you can do to safeguard your interests. Our experienced real estate attorneys in Plainville and Bristol have ample experience handling real estate matters, and we can aid you in pursuing favorable results. Our office is located in Plainville, and we frequently assist people with property related issues in Bristol and Plainville as well as in other cities throughout Connecticut, such as Southington, Farmington, Hartford, and New Britain. You can contact us at (860) 351-5254 or through our online form to schedule a meeting.