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![]() Richard A. Klass
| Real Estate Litigation Practice
One of the most important ownership rights in this country is the ownership of one’s house. The old phrase “A Man’s Home is his Castle,” was born from the basic concept that ownership of real estate is the hallmark of freedom. Contrast the above concept with the other, important concept – we all live in this world together. In living together, we necessarily engage in conduct that requires us to act and react to events external from our personal dominions. These two concepts intersect at various times, but one place where they come into direct contact is when the law touches upon a person’s home. This may come about when one sells or buys a house; gets injured on someone’s property; obtains or gives a mortgage on the house; leases part or all of a building; or invests in commercial or residential property. Various issues may develop into litigation concerning real estate matters, including:
Notice of PendencyWhen litigation surrounding real estate is involved, there is generally a need or desire to file a “Notice of Pendency” (or commonly known as a “Lis Pendens”) – this is a notice to any potential purchasers or mortgagees that there is litigation involving the property which may affect its “title, use or enjoyment.” This is protection from the owner of the real property just selling, transferring, mortgaging or disposing of it before the litigation is over, thus leaving the suing party high and dry! Anyone who decides to buy or give a loan with the property as collateral will think twice, knowing that someone out there is making a claim against the property. This can be a very powerful tool, given that owners of property usually have an inalienable right to sell their property as they choose.
For articles by Richard Klass on real estate litigation, click here.The Firm's Real Estate Litigation PracticeThe law firm of Richard A. Klass has been representing various parties concerning real estate transactions and litigation for two decades, representing sellers, buyers, owners, lienors, and other interested parties in real estate matters. If you need legal advice concerning your real estate matter, you need to contact Richard A. Klass, Your Court Street Lawyer, for a consultation! If you have any questions concerning real estate litigation, please feel free to contact the law offices of Richard A. Klass, Esq. by phone or e-mail for more information. |
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Website copyright 1999-2010 Richard A. Klass. Website marketing by The Innovation Works. Photo of Richard Klass by Tom Urgo copyr. 2008. |
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