Wealth and Property Dispute Management
Property disputes, whether residential or commercial – can be time-consuming and stressful. Resolving a property dispute through a communication or alternative dispute resolution can be considerably faster and more cost-effective than going to court.
Types of Property Disputes
Commercial property disputes: - Disputes between landlords and business tenants can occur for many reasons, such as late payment of rent, damage to property, inadequate maintenance, and disputes over service charges. When dealing with a commercial property dispute, it is advised to keep a log of any incidents that may have occurred with respect to the dispute before embarking on alternative dispute resolution.
Family property disputes : - Family disagreements are one of the most common reasons for property disputes and can occur due to a breakdown in relationships, inheritance disputes, or issues surrounding a joint property dispute. Joint property disputes often occur when one person wants to sell their share of the property, and the other does not. Other causes of disputes are when one person feels they have “put in” more financially to a property, leading to a disagreement over property shares. Before taking further steps, it is useful to find any written formal agreements to support your dispute and help to gain a settlement. When there is an unclear will or disagreement over the shares of property inheritance, this can also lead to a property dispute.
Property construction disputes: - Construction projects are often cash and time-sensitive, with multiple sub-contractor businesses involved in bringing the building to completion. When a construction project isn’t properly managed, it can lead to delays, dissatisfaction, and disputes during the various stages. Construction disputes often occur due to issues such as outstanding payments, extensions of time, damage to property, or poor-quality work and penalty clauses. It can help to ensure both parties are clear on the expectations of the project beforehand to prevent construction disputes from occurring. Depending on whether alternative dispute resolution is successful, you may need a construction lawyer to advise when disputes arise and represent you in any legal action.
To resolve wealth and property disputes, negotiation, mediation or arbitration are used .
