Most condominium owners are quite happy about owning a condominium; most of the time, the board does not interfere. However, board members may dislike one or two things about the condominium, which may cause disputes between the owner and the board. We have seen that many condominium owner and board members completely ignores the condominium act in NYC and take matters in their own hands. Here is how a real estate attorney mitigates the issue:
Analyses all the legal considerations
The condominium owner and board members must uphold and follow the regulations and laws governing the condos’ authority. If you get involved in a condominium owner dispute, you and other parties must see the ground rules. Upon hiring a real estate attorney NYC, he will spell out rights for the residents in that building and encourage owners to act in accordance with the rules and regulations set by the association or the board. If that does not solve the issue, both parties must appear before a judge for justice.
Identifies all party’s involvement
The best way to resolve a condo dispute is by identifying each of the parties involved. A real estate attorney near me will take a straightforward approach and find out what is causing this dispute or seek help from witnesses if the incident happens in public. However, because of personal ties, the witnesses may not come forward to help, so the real estate attorney NYC will start with the dispute to build a case.
Collect evidence by learning what each side has to say.
After the real estate attorney recognizes all parties’ involvement in the dispute, he may listen to each side’s story and collect evidencerecounting what has happened in that place. It will help lawyers to see the case from different views. If the case gets complicated, the lawyer will probably reconstruct the timeline. If condominium owners accuse board members of financial mismanagement and corruption, the IRS could intervene, followed by a lawsuit. Eventually, the real estate attorney Queens, NYC, will figure out who started the dispute in the first place and attempt to mitigate the issues.
What Solutions the Lawyer Could Provide
The lawyer will try his best to mitigate the issue right there, but it could go to court, in which case a real estate attorney NYC will suggest a mediation or arbitration.
In mediation, both disputing parties agree to a solution, followed by litigation. The lawyer will choose a third party who does not favor the disputing parties. The mediator has no right to bind the parties or change the results. He will create a binding agreement, which both parties have to follow, although both parties can walk away from the agreement. If mediation does not work, the real estate attorney NYC online will suggest arbitration. An adversarial arrangement will bring disputing parties together and listen to the solutions created by the arbitrational board. The board typically consists of more than one member who renders a final judgment and awards the right party.
