Commercial real estate disputes often require one or more determinations of the value of the land at issue. While each appraiser in the Philadelphia area has his or her own unique methods, appraisal methods in general are governed by the rules and ethical standards promulgated by the American Society of Appraisers. At the heart of the appraisal discipline lie three so-called "approaches to value."
Many small business owners and homeowners in Philadelphia have had the nightmarish experience of receiving a written notice that a mechanic's lien has been filed against their property and may be sold if the lien is not satisfied. Occasionally, property owners will receive more than one such notice with respect to the same project. The recipients of such notices may then ask two questions: 1. What is a mechanic's lien? And 2. What do I do about it?
Construction defects situations can be extremely troubling for families and, unfortunately for homeowners, may also be complex. Because of the understandable importance of a family home, it is equally important that homeowners are well informed in circumstances when construction defects threaten the safety and integrity of their home.
Everyone has heard the horror story of the real estate dispute that stretched on for years or even decades before being resolved. This is something the legal team at Avallone Law Associates will do everything to avoid. Real estate disputes are complicated and often involve a lot of paperwork and research. Let us get to the bottom of the dispute knowledgably and efficiently.
Many Philadelphia residents are aware of common types of real estate litigation that relate to the buying and selling of property and the contracts and covenants involved. Eminent domain actions are a very different type of real estate litigation however, and one that home and property owners should understand if they want to protect their property interests.
When the government wants to obtain something on a piece of land privately owned by an individual, company or someone else, they may in some circumstances be able to gain possession of it. As residents of Pennsylvania may or may not be aware, one of the common ways for a state to take ownership of a piece of land or something on it from a property owner is through eminent domain.
If a homeowner is facing the prospect of losing a house because of unpaid taxes, then there are four possible ways of postponing a tax sale:
There's an eternal conflict in the world of real estate. It involves the fight between those who would develop the land in urban areas to increase tax revenue and promote economic prosperity versus those who would keep each existing acre of pristine land in its untouched condition to preserve the beauty of nature. The preservationists usually are the underdogs in these real estate disputes, but they've nonetheless succeeded in keeping thousands of Pennsylvania acres from the developer's backhoes.
Old, abandoned or damaged pieces of commercial real estate can severely hinder the curb appeal of a city. However, they are often a great deal just waiting for a company or developer looking to acquire property that is cheap and has potential. When these blighted properties are scooped up, it is usually to the benefit of both the developer and the community.