Most Dallas-area real estate owners and developers try to avoid litigation at all costs. Real estate litigation can be costly and there is always an element of risk. But, sometimes a real estate dispute that puts an entire investment or development at risk cannot be resolved through negotiation. And, sometimes litigation is thrust upon a party, when the other party strikes first and files suit.
There are countless types of real estate disputes that end up in litigation. Title to a parcel of land may be contested, for example. Co-owners of real estate may have a falling out. In the development world, disputes can and do arise at every stage of a project. Construction disputes, claims for breach of contract and financial disputes often end up in court. When a development gets into financial difficulties, interested parties often resort to litigation to salvage their investment or cut their losses. Lenders may begin foreclosure proceedings.