Because strong contracts and contract relationships are vital to most businesses and business relationships today, it is helpful to know when a contract is valid and when it is enforceable. A contract is generally an agreement between parties concerning specific rights and obligations between the parties. A breach of contract can create a significant disruption for a business and may be damaging to business interests.
The residential real estate process is important to understand
Purchasing a home is typically a significant transaction in the lives of home buyers which is also true when homeowners are selling a home. There are a variety of important steps in the residential home buying or home-selling process. It is helpful for home buyers or sellers to be as familiar as possible with the elements and legal requirements of the process which can help ensure a smooth experience and successful transaction.
Pennsylvania pipeline implicates property owner rights
The planned construction of a natural gas pipeline through central Pennsylvania makes it essential for affected property owners to understand their rights. The pipeline will pass through 10 Pennsylvania counties. Property owners will be notified that their lands may be taken by the government under the doctrine of eminent domain, which allows for the taking of private lands for public use provided the owner is paid just compensation.
When a breach of contract leads to real estate litigation
Contracts are an essential aspect of real estate transactions in Pennsylvania. Because contracts are such a common part of doing business, and are important to the success of a business, it is helpful for business owners and parties engaged in a real estate transaction to understand the basics of how contracts work.
Appeals court limits scope of notice
A notice of lis pendens is frequently filed by one or more parties to a lawsuit that may affect the title to or enforceability of a lien on real property. Pennsylvania courts recognize a writ of lis pendens as a means of notifying innocent parties that title to the real estate may be affected by the outcome of the real estate dispute. The filing of a praecipe (notice) of lis pendens does not create a lien on the property, but it can affect the title holder's ability to sell the property or to borrow money using the property as collateral. A recent decision by the Superior Court of Pennsylvania has defined important limits to the use of lis pendens.
