3 Pro-tips to Prevent Fort Lauderdale Real Estate Transactions Disputes
Over the years, The Herman Law Group has represented agents, purchasers, and buyers of commercial and residential real estate property. During the bargaining process, it’s quite common to encounter disagreements.
Sometimes, the seller takes issue with the broker’s commission. Other times, it’s a complaint about the purchase price. When the disagreement is material, the parties might seek the court’s resolution, or more often the guidance of an experienced Fort Lauderdale real estate lawyer.
Fortunately, many of these types of issues can be fixed before they get out of hand.
We’ve put together some pro-tips that might help ensure a smoother transaction.
Listed below are a few tips for ensuring a smooth transaction.
Make Sure To Get Everything in Writing
We find this to be the biggest cause of misunderstandings — clients who don’t get every aspect of the deal in writing. Get it all in writing. Capture all the nitty-gritty on paper, and get it in your contract.
Avoid taking another party “at their word,” and make sure they sign all the documents. Unsigned documents are much tougher, if not impossible, to enforce. While oral agreements may be considered, courts are usually reluctant to do so, and many laws bar them from being considered.
All Communications are likely Admissible
Think twice before sending texts, emails, or dropping an angry voice mail message. During litigation these ardent conversations may work against you. The general rule of thumb — don’t say anything that could hurt you at trial.
Conversely, make sure to capture and retain any messages you receive with regards to this transaction.
Make Sure Your Contract is Enforceable
Here, it’s probably best to consult an experienced Fort Lauderdale Real Estate attorney, who can best answer any enforceability questions. Your attorney can also assist with the drafting and review of all documents and contracts, which will significantly reduce the risks of future litigation.
Here at The Herman Law Group, we have experienced Fort Lauderdale Real Estate attorneys who look forward to working with you.