Real Estate Fraud and Misrepresentation
Buying or selling a property is a significant event in the life of any individual or business. What should be a smooth transaction can often be complicated by claims of fraud for misrepresenting the condition of office, industrial, retail, multi-family or residential real property or by making other misrepresentations in connection with the transaction. Both buyers and sellers can get into legal difficulty with the high-priced transactions typical of Orange County, and for all of
Southern California real estate.
Victim of Real Estate Fraud in Orange County?
Real Estate Attorney Debra Grimaila represents sellers in real estate litigation who are being accused of fraudulent practices. We also represent the interests of buyers who failed to receive property in the physical and financial condition they expected. Moreover, we are experienced in representing sellers and buyers in litigation against the real estate professionals involved in these transactions.
Failure to Meet the Terms of a Real Estate Contract
Misrepresentation of Real Estate – It is the responsibility of buyers and sellers, tenants and landlords, to meet the terms of the contract and discuss openly if any terms need to be changed. Our attorney handles property disputes when parties fail to uphold these responsibilities. We have successfully resolved matters involving purchase and sale agreements, commercial leases and other real estate litigation matters. We also enforce personal guarantees when a business defaults on its lease obligations.
What if I Buy a Property, and Discover a Problem I was not Told About?
This is a common problem for home and commercial property buyers. The proper course of action is determined by the type of problem you encounter.
First, you should read the seller’s disclosure statements as thoroughly as possible. If the problem is not contained in the disclosure statement(s) and should have been, you should hire an attorney and consider filing a lawsuit in hopes of receiving damages. If it is a problem outside the boundaries of the property, such as something you did not notice in the neighborhood, then it is very likely your problem to live with and has nothing to do with the seller.
It is always a good idea to not wait until escrow closing to search for problems with the property, the neighborhood, or any other factors that may prove a “deal-breaker” since anything you find before may change your decision regarding the purchase. However, if you do find something that you should have been told about by the seller and that constitutes a violation of the contract then a lawsuit or “threat of a lawsuit” in the form of a letter from your attorney may be justified. Contact Real Estate Attorney Debra Grimaila for immediate advice.
Real Estate Litigation
Our attorney has successfully represented plaintiffs and defendants in a wide range of litigation involving commercial and residential properties, including cases involving:
- Failure to perform on real estate contracts
- Misrepresentation about the physical or financial condition of a property
- Concealment of property defects
- Non-disclosure of defects
- Rescission based on fraud or mistake
- Foundation issues
- Drainage and water damage issues
- Mold issues
- View obstructions
- Environmental law concerns
- Specific Performance
We have been involved in numerous cases where one party wants to unwind a transaction due to some breach or fraud on the other party. We also represent parties who want to enforce specific performance of a real estate contract through mediation, arbitration, or litigation. Contact Real Estate Litigation Attorney, Debra Grimaila for an appointment to discuss your real estate matter.
Need Legal Help with Real Estate Misrepresentation in California? Call Debra Grimaila Today
Call and speak directly with attorney Debra Grimaila now at (844) 921-1937 When you call Orange County Business Lawyer, P.C., you will speak with Ms. Grimaila who will discuss your legal issues and help you evaluate what course of action to take. Our goal is to provide cost effective legal solutions for all of your business and real estate legal needs.
Orange County Business Lawyer, P.C. and its founder Debra Grimaila, Esq. is available to assist individuals and businesses with their business litigation, business transaction, real estate litigation, real estate transaction, debt collection needs in Orange County, California.
Failure to Disclose in Real Estate Sales and Lease Transactions
Failure to disclose important facts in real estate transactions, including both purchases and leases, can cause major financial losses for trusting buyers and tenants. An important fact is any information that could potentially affect the sales price or the long-term value of a property.
Orange County Real Estate Attorney, Debra Grimaila is aggressive in protecting the rights of people who have suffered financial losses as a result of failure to disclose facts, fraud, false statements, negligence, misrepresentations, factual or or physical concealments.
You may have been told that you have “no case,” as you should know the axiom” “Buyer Beware.” You have been misled. Frankly, even if the property is sold to you “as is,” you have legitimate rights and legal options to recover your losses if you have been the victim of the seller, real estate agent, realtor, landlord or lender. It is imperative that you act quickly to consult with a skilled and experienced real estate attorney like Debra Grimaila, Esq. who will represent your interests and recover what is owed to you!
Resolving the Dispute
When there is a dispute between a buyer and the seller, the process they are required to use to resolve it is identified in the real estate purchase agreement. When forming the contract, the parties choose either arbitration or a lawsuit in Court to have any claims related to the contract decided. The California Association of Realtors form of Residential Purchase Agreement also requires the buyer and seller to first participate in mediation to attempt a settlement of any such claims before resorting to arbitration or Court action. If any of the parties commences an action without first attempting to resolve the matter through mediation, or refuses to mediate after a request has been made, then that party cannot recover his attorneys’ fees if he wins at the arbitration or trial.
NEED HELP? CALL NOW!!!
Attorney Debra Grimaila has a solid background that will help you to resolve your real estate claim with optimal results. She has been a real estate attorney and business attorney for over thirty-seven (37) years, has served as both an arbitrator and as a mediator for the Orange County Superior Court, and has been a licensed real estate broker since 1989. CALL NOW! (844) 921-1937
ORANGE COUNTY BUSINESS LAWYER, P.C. is available to assist individuals and businesses with their business litigation, business transaction, real estate litigation, real estate transaction, and debt collection needs. Our goal is to provide you with cost effective legal solutions.
Get your questions answered. Call Now for your Cost Effective Legal Solution at (844) 921-1937.