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6 Common Property Disputes and How to Avoid Them

6 Common Property Disputes and How to Avoid Them
by John Carlucci - July 14, 2022

Property disputes are not uncommon. For example, if you purchase a new home, there's a good chance that someone else may have an interest in the property. In many cases, this isn't a problem — but it can sometimes create problems if the other party doesn't want to sell or has another reason for wanting to keep the property for himself or herself. Similarly, if you're buying a piece of land and building on it, there may be an issue with boundaries or ownership of adjacent land that needs resolving before construction begins. Consult Closing Attorneys in Morton IL or a financial counselor before purchasing a new home or property. Before making any property buy, consult with a lawyer or financial counselor. They should be able to help you avoid contract disputes and common pitfalls, like not being able to afford repairs and maintenance on your new home.— whether it's a single-family home or condominium unit — here are some common types of disputes that arise:

1. Property Boundary Disputes

Property boundary disputes are another common source of conflict between neighbors. When one party purchases a property that is bordered by several other properties, it's important to clearly and accurately define the boundaries of each property so that there are no surprises when ownership changes hands. If you're buying a house or condo with tenants already living there, get them to show you where their rooms or unit boundaries are on a map before you sign anything. If they don't know this information offhand, ask them to provide documentation with details about how much space they use in relation to how much space is available on paper (for example: "It looks like my bedroom is 8 feet wide by 10 feet long").

If possible, take photos inside and outside your new home before moving in so that any problems can be addressed before becoming major issues—and always try talking things through calmly with your neighbors before resorting to litigation!

2. Ownership Disagreements

If you are experiencing a problem with your neighbor, then it is important to understand the possible causes of ownership disagreements. Most of these problems can be avoided by asking your neighbors what they want before taking action yourself.

  • Different types of properties, including private and common properties, will require different solutions.
  • Many times the best solution is just to talk it out with the other person directly or through their association or management company if there is one involved. If you live in a macro or micro apartment building with dozens or hundreds of units and there are multiple ownerships within that complex then this could cause some confusion as well as the overlap between who owns what within each unit type (e.g., one side might own both sides while another only owns half).

3. Disputes Over Repairs

Disputes over repairs are one of the most common property disputes. When it comes to avoiding repair disputes, there are two simple things to keep in mind:

  • Hire a licensed contractor for repairs. You should also make sure he or she is bonded and insured, which protects you from any liability that may result from the work done on your property.
  • Get an inspection done before buying a home, especially if it's an older one with likely needed repairs. A thorough inspection will help you determine whether any issues can be fixed and how much they will cost to remedy; this way, when you buy and move in, there won't be any surprises or unexpected costs later down the line.

4. Disputes Over Renovations

You may decide to do a renovation on the house. This can be a huge expense, and it can also be time-consuming, disruptive, and dangerous. It's also easy for disagreements over the renovations to turn into fights between roommates.

Often when people rent houses together, they'll have their own ideas about what should be done with the place. One person might want to paint all of the walls while another thinks that painting all of them would cost too much money. If you don't agree on how much work needs to be done or how it should be done, then this could lead to an argument between roommates over who gets their way about it in order for there not to be any problems between them later down the road when someone wants out or something else happens unexpectedly during these renovations (like having another roommate move out unexpectedly).

There are two main ways that these disputes can end up affecting your life:

  • Inability To Get Along With Others

5. Tax Liens and Delinquent Payments

It's important to note, however, that tax liens are not the same as unpaid property taxes. If your property isn't paid off in full by the end of the year and you don't pay up before then (which is unlikely), a tax lien will be placed against it. This means that any potential buyer or renter is going to see it on their credit report and may decide not to bother with your home at all. On top of that, there's always the possibility that one day you'll want to sell your home—in which case having this kind of debt can cripple your ability to do so for years down the line.

If an owner pays their delinquent payments before they are due but less than 30 days after receiving notice from the county treasurer or county assessor-collector, they may request the removal of any recorded notices related to those payments from public records within 90 days after paying such amounts if all other requirements are met."

Conclusion

We hope this article has helped you understand common property disputes and how to avoid them. Remember that it’s important to consult an attorney or financial counselor before purchasing a new home or property to make the right decision for yourself and your family.

Author

  • John Carlucci

    John has worked alongside Real Estate Giants across USA and Canada for decades. Since he started Prudentialcal, he has been actively rendering service as business adviser to many companies in the real estate industry. He formed Prudentialcal in hopes of providing the most reliable stories and information there is in the vast industry of real estate

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