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Triangle Law Group
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contract disputes Archives

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.

Avoid a mechanic's lien by following your project's progress

Remodeling or having a home custom-built in North Carolina can be exciting. Ironing out the design aspects, choosing fixtures, furnishings, and the color palette enables you to make a house your home. However, projects do not always progress as planned. This can be especially true if your general contractor uses a subcontractor. When the subcontractor is not paid, they may file a mechanics lien.  At the Triangle Law Group, we have experience defending against and resolving issues concerning lien law.

What are some common contract loopholes?

If you create a contract in North Carolina, you want it to be airtight. Any loopholes could come back to haunt you. According to USA Today, there are a few common loopholes a person may use to get out of a contract with you. In many cases, these loopholes are not in the actual writing of the contract but rather in the formation of the agreement between you and the other person.

What are the required elements for a valid real estate contract?

When you are buying or selling a piece of real estate, it is important that you understand how to write a legal contract. If you fail to include any of the required elements or the seller does, then it makes the contract invalid. This can lead to serious issues down the road. The following are the required elements for a real estate contract, according to the North Carolina Real Estate Commission.

How can I protect my construction business against fraud?

If you're a contractor in Raleigh, you probably strive to ensure fair dealings with both customers as well as associates. Unfortunately, many unscrupulous people exist in the world of business and if you're not careful you could find yourself embroiled in serious legal trouble should you encounter one of these people. To ensure you can protect yourself and your company, follow these tips from Construction Business Owner.

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