Property is nothing but wealth and everyone does hard work to buy it. Most people take huge loans to buy property like Dream home or flat, shop or showroom, Land or plot, etc and pay loan EMI for the rest of their life. When any one of us faces the property-related issue, he or she get tensed and stuck here. We just need to have basic ideas about how to deal with this kind of issue.
The Disputes of property between brothers and sisters or other members of the family can cause hostility and long or permanent relationship damage. Whether the property is inherited or owned jointly, controversy and conflict can lead to indelible problems.
By working with an attorney who has experience of property disputes, you gain the best opportunity to resolve the cause of the dispute as quickly and effectively as possible.
What is a Property Dispute?
A property dispute relates to any real property dispute, also known as real estate. Real estate or property is an immovable property that is directly attached to the land. The property contains single-family homes, condominiums, apartments, canals, roads and etc.
Property dispute parties
Property disputes may involve, but not limited to the following parties:
- Family members
- Homeowners Associations
- Landlords and tenants
- Property visitors
- Government agencies
Common types of disputes about property
Disputes over property can occur for a number of reasons. The following are some popular ownership disputes
- Landlords and tenants who are liable for what damage and/or repair in a rental estate.
- Disagreements between neighbors as to where the property line exists.
- Neighbors blocking their neighbor’s view through a spite fence or a structure such as a fence, row of trees, bushes or hedges, built specifically to disturb a neighbor.
- Property disputes as to who is the legitimate proprietor of a particular property.
How to avoid property disputes
- Search for titles – Before buying a property, conduct at least 30 years of thorough verification and perusal of the property’s title documents.
- Approved plans – You have to ask for the sanctioned plan from the builder and compare the same with the actual built-up area.
- Inheritance – While investing in inherited property, ensure that the beneficiary’s name, depending on the nature of the property, is changed in the relevant government or revenue records.
- Terms of sale – Ensure the date on the stamp papers matches the date the title documents are transferred.
- Municipal approvals – Make sure your house plan has all the necessary approvals from the various municipal corporation departments.
Do I need to have a lawyer?
If you need assistance resolving any conflict over assets, you may want to hire a lawyer. Regardless of who the parties are, or what kinds of legal problems are involved, a lawyer’s assistance is essential for these kinds of cases. Your local real estate attorney should be familiar with your state’s real estate legislation and can assist you to navigate the process from filing your claim to court if necessary.