Real Estate: Protecting Buyers & Sellers
MARYLAND REAL ESTATE CONTRACT LAW
While many states actually require that lawyers review real estate contracts before they are signed, Maryland property law leaves buyers and sellers free to enter into bad deals under sales contracts with legally ambiguous language that actually invites real estate lawsuits. In most residential home sales, these real estate contracts are drafted by real estate agents, buyers and sellers who may not understand the legal problems.
Although we encourage our clients to check with us before signing on the bottom line, we are often retained to check the fine print after the ink is already dry and accusations of a breach of contract have arisen. In many cases, we have succeeded in saving the deal through contract negotiations. In other cases, we have filed suit for breach of real estate contracts, winning injunctions for specific performance of real estate sales contracts, compensatory damages for monetary losses, and punitive damages for fraud. Where our clients are sued improperly, we use our expertise to defend against unjustified allegations of negligence, fraud or breach of contract. In all real estate cases, an understanding of Maryland real estate laws, consumer protection laws, real estate disclosure statutes and real estate sales and settlements is critical to winning real estate cases on behalf of buyers and sellers.
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