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contract disputes Archives

What problems can arise during a closing?

Closing on the home of your dreams is an exhilarating experience, that is until something goes horribly wrong. Unfortunately, there are a lot of issues that can prevent a closing from going through, and it's important that you're prepared for any last-minute hangups to ensure you're able to purchase the home you've chosen. Zillow.com explains a few of the most common closing issues and what you can do to avoid them. 

When do I need an NDA?

Non-disclosure agreements (NDAs) are an essential component of doing business for many entrepreneurs. The sharing of information is often necessary when hiring new employees or taking steps to find funding, but you want to rest assured that your valuable ideas are kept secure. The following are a few instances where having a valid and binding NDA is an absolute must. 

Contract clauses that reduce the risk of litigation

Contracts are the lifeblood of contractors in North Carolina, but as with any agreement between two or more parties, there is always the chance that something will go wrong. To protect yourself in case of a breach claim, you may want to consider alternative dispute resolution methods that may keep you out of the courtroom should a problem crop up. At Triangle Law Group, our team is well-versed in construction contracts and ways that contractors can minimize the risk of litigation.

Ensuring that your contract addresses critical details

Anytime you are drawing up a new contract with subcontractors for a project in North Carolina, chances are you follow a process to guarantee that you do not compromise the protection of your investment or the success of your project. At Triangle Law Group, we have helped people to better understand contract law and the components that are an integral part of a well-crafted agreement. 

Home inspections: why they are important

No one who buys a house in North Carolina wants to discover a nasty surprise in the home like a moldy wall, a heater that is faulty, or cracked flooring. Sellers also want to avoid unpleasant surprises, since a buyer who finds problems before a sale might insist on a lower price due to the home's issues. To prevent a good deal from going down, buyers and sellers alike should consider having the home they want to sell or buy inspected before a purchase is finalized.

How to win a real estate bidding war

Throughout the country and in North Carolina, home prices have been soaring. Because of the historically hot housing market, bidding wars have become the norm rather than the exception. High demand combined with low supply makes it important that a buyer know right away how to win a bidding war when it comes to buying a home.

How can I tell if there is a lien on a property?

Whether buying or selling a home in North Carolina, determining if there is a lien on the property is crucial. A lien is an unpaid debt that is associated with a property title and it can cause quite a few problems to new or existing owners. Realtor.com explains how to search for a lien, and what you can do if you discover one during your search.

What happens if a realtor breaks the contract?

When you work with a real estate company in North Carolina to sell your home, you usually expect this company to help you get a good deal on your house. Sometimes, though, the company you work with may breach the contract. In this situation, it is important for you to know what to do. 

How can I handle negotiations?

Whether you're in the drafting stage or working through disputes, negotiations are bound to play a role when it comes to contracts. Being able to negotiate is a very important skill, and for some people, this skill can be difficult to develop. Fortunately, Business Insider offers the following tips so you can be a better negotiator.

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