Chicago Real Estate Lawsuit

Lawsuit over real estate originates from managing, leasing, selling, enjoying, and using land or buildings. The two basic forms of real estate are commercial and residential. The law governing each of these types of real estate vary, with buyers and tenants of residential property receiving more regulation and protection, similar to other consumer protection laws. Litigation arises from a variety of real-estate situations. Our Chicago real-estate litigation lawyers have extensive expertise representing clients in both residential and commercial real-estate claims. We have represented developers in multimillion-dollar control battles over enormous real-estate holdings across multiple states and house owners in disputes with builders or sellers.

Real-Estate Transfers of Various Forms

Shopping malls, condominium developments, factories, strip malls, warehouses, and office buildings are examples of commercial real estate. Residential real estate includes apartment complexes, single-family homes, townhouses, and other housing structures.

Real-estate disputes frequently emerge between purchasers and sellers, brokers, or that offering management, development, or other real-estate-related services.

• Purchase or sale of real estate;

• Real-estate finance or loan transactions;

• Leases;

• Agreements to manage a property;

• Inspections;

• Code compliance;

• Contracts for the renovation or construction of existing structures;

• Appraisals;

• Surveys;

• Zoning Board approval;

And • Title Insurance and liens.

Real Estate Conflicts of Many Kinds

·        Commercial Real Estate Problems

In commercial property, disagreements over contract conditions sometimes lead to lawsuits. Such disputes might emerge over the terms or conditions of development, building, or management contracts and the application of specific accounting or cost allocation methodologies. Our Chicago real estate lawsuit attorneys have handled the following types of cases:

• Failure to pay rent, failure to properly keep a business property, failure of a tenant or landlord to adequately maintain a property by lease contract duties

• Breach of non-compete agreements in retail centers or strip malls;

• Conflicts between the landlord/property owner and the tenant regarding the proper use of commercial space;

• Zoning or land use regulatory scheme violations;

Development or construction contracts with difficulties such as overcharging for a management or construction charge, failure to deliver adequate or satisfactory services, or responsibility for work site injuries;

• Disputes over the worth of a property necessitating a determination of fair market value;

• Failure to disclose pollution or contamination issues; and easements, for example, that hinder the property from being used for its intended purpose.

·        Several Types of Residential Real Estate Disputes

• Breach of the sales contract by the buyer or seller of real estate;

• Failure to honor contracts with brokers;

• Boundary line disputes or arguments over easements or other encroachments;

• Misstatements in financing disclosures;

• Nuisance issues;

• Violating covenants, particularly restrictive covenants;

Leon J. Techiner Chicago real-estate litigation attorneys assist clients throughout Chicago and Illinois. Our Illinois locations include Elmhurst, Wilmette, and Chicago. Please contact us to schedule an appointment with one of our Chicago Real Estate Lawyer to understand your specific situation.