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July 2016 Archives

How Litigation Helps Uncover Business Fraud

Two parties enter into an agreement to do business with one another, and sign a contract to solidify the deal. The contract lays out the terms, expected performance, how much pay and a completion date. Most of the time a business contract such as this gets executed with little to no hassle. But sometimes, something goes wrong, and there's a sense that one of the parties hasn't done their job properly. In fact, the suspicion of fraud arises, but it's not obvious where and how it happened. That's the point where the injured party seeks out a business litigation lawyer for help.

Important Facts Relating To Real Estate Nondisclosure

Buying a home is one of the most important financial decisions most people make. While homes often require some form of upgrades or replacements, if a home has serious defects, it is the seller's responsibility to disclose this information. Most states have laws requiring sellers to disclose all important material facts about a home, including any known defects. California has some of the most strict requirements for disclosures in real estate transactions. There is specific section on standard California real estate forms where the seller is supposed to make disclosures. When a seller fails to disclose material defects that affect a property's value, this is known as nondisclosure. In these cases, the homebuyer may be entitled to compensation for the defects discovered.

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Buffington Law Firm, PC
8840 Warner Avenue Suite 300
Fountain Valley, CA 92708

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