Buying, selling and renting properties are some of the biggest financial decisions that most Australians make, and sadly they do not always go smoothly. This is because property deals can be very complex, especially in large cities like Melbourne, where prices tend to be high. Small disputes can end up having big consequences if they are not dealt with quickly. So, in order to protect yourself, you need to know when it’s time to get lawyers involved.
- Unclear or Disputed Property Boundaries
Disagreements over boundaries are one of the most common issues that property dispute lawyers in Melbourne deal with. This is because the city is dense, with lots of buildings very close to each other. And because many of them are old, the title documents are often out of date. Lawyers can help you get professional surveys done, review title records, and advise you on your legal rights to prevent encroachment on your land.
- Disagreements Over Use or Sale
Disputes over the use or sale of properties are common when buildings are co-owned. For example, they can happen when siblings inherit a home, and one of them wants to rent it out while the other wants to sell it. Disputes like these can cause an emotional rift, but bringing in a lawyer can help focus the argument on legal rights and keep personal grievances out of it.
- Verbal Agreements and Informal Arrangements
Because of the large sums of money at stake, property deals are not the right places to rely on handshakes or trust someone’s word. These types of agreements are very difficult to enforce in court, as it is hard to even prove that they took place. They should always be followed up with a written contract, drafted by lawyers, to make sure that all parties are clear about what is expected.
- Receiving Threats or Formal Letters
When a dispute happens, it is likely that the other party will also be considering their legal options. If they threaten legal action or send you a formal letter, such as a letter of demand, then it’s time to seek advice from your own lawyer. You should do so even if you think they have no case.
Don’t Wait for the Worst
Property disputes may start small, but they can quickly spiral into draining and costly legal battles. It is a lot easier to get professionals on the case promptly, even if it is only to give you advice.
