Contracts and promises are the behind-the-scenes building blocks of modern business, making Cinco Ranch, TX breach of contract lawyers a common feature in any successful transaction. By definition, a contract is an agreement between two or more parties that creates legally binding obligations. These contracts are typically written documents but can also be oral agreements. The usual elements in a contract are the offer, acceptance, consideration, and intention to create legal relations.
Of course, the meaning behind “breach of contract” is self-evident. It means one or multiple parties have broken their side of the agreement. This can happen if one party does not perform their end of the bargain. For example, they may not pay rent in time, provide subpar goods and services, or miss deadlines.
However, a contract is a legally binding document or verbal agreement. That means if one or multiple parties breach the contract, the remaining party or parties can due for damages. If you find yourself in that situation, you need to find a lawyer to represent your best interests.
Meet the Managing Attorney from The Okonji Law Office: John Okonji. Although he primarily oversees disputes that occur within residential real estate transactions and dealings, he is also an astute contract lawyer. If the other party breached the contract you had with them, contact this law firm to get the legal aid you need to sue them for what you are owed. Contact The Okonji Law Office today.
The Realm of Cinco Ranch, TX Breach of Contract Lawyers
There are many different types of contract lawyers, but all of them specialize in representing either party in a breach of contract case. This could be anything from a simple disagreement over the terms of a contract to a more serious breach that has caused financial damages. Your typical contract lawyer will work to protect their client’s interests and ensure that they are compensated for any losses due to the contract breach.
Here at The Okonji Law Office, the Managing Attorney’s practice areas include real estate transactions and contracts specifically. Examples of real estate contracts include purchase agreements, contracts for deeds, lease agreements, and land contracts. If the other party breaches any of these types of contracts, contact the law firm to learn how John Okonji can help you in your situation.
For example, perhaps you are a landlord who finds that one of your tenants has failed to pay this month’s rent. According to most leasing agreements, failing to pay would be considered a breach of contract. As the landlord, you have the right to sue your tenant for breaching the contract.
Every time a party breaches a contract, there are many legal processes that follow. Depending on the type of contract, there may be a different procedure to follow up after you file a lawsuit. When you work with John Okonji from The Okonji Law Office, he will handle all of the complex issues so that you can follow along without wasting any extra time or effort on the issue.
Landlord-Tenant Disputes Regarding the Lease Agreement
For Cinco Ranch, TX breach of contract lawyers specializing in real estate law, a leasing agreement is one of the most common types of contracts. This contract legally binds and sets obligations and expectations between landlords and tenants. When one party believes that the other has breached the agreement, it can escalate to the courtroom.
One of the most common landlord-tenant disputes is over the terms of the lease agreement. Tenants may feel that their landlords are not living up to their end of the bargain or that the agreement is unfair. On the other hand, landlords may feel that their tenants are not following the rules or they are not paying the rent on time. These disputes can often be resolved through negotiation, but sometimes they need to be taken before an impartial judge.
Although not pleasant to think about, eviction is one of the results of a breach of contract for a lease agreement. An eviction is a legal process by which you remove a tenant from a rental property. In most jurisdictions, evictions are only allowed for certain reasons, such as non-payment of rent, damage to the property, or violating the terms of the lease. The eviction needs to go through court, so you will need the help of an experienced eviction lawyer.
Types of Disputes During a Real Estate Transaction
In a typical real estate transaction, two parties are typically involved: the buyer and seller. The buyer will offer a certain amount of money for the property, and the seller will either accept or reject the offer. If the offer is accepted, a contract will be drawn up, and both parties will sign it.
Instances where a breach of contract could happen during a real estate transaction include the following situations:
- Either party backs out of the contract after signing the agreement.
- One party refuses to fulfill the obligations written in the contract, such as refusing to pay or fund repairs on the property.
- The property could be damaged or destroyed, making it unsuitable for the transaction.
- The price of the property could change, making it unaffordable for one of the parties.
- Hidden defects could be revealed during an inspection that wasn’t found before the contract was signed.
Speak with a Legal Expert
Get the compensation you deserve for having the contract breached. With the help of a knowledgeable breach of contract lawyer like John Okonji, you will not have to worry about being on the worse side of the issue. Call The Okonji Law Office today to get the legal assistance you need. Or visit the law firm to learn more about how the Managing Attorney’s expertise can help you.
One of the best Cinco Ranch, TX breach of contract lawyers you can find is John Okonji from The Okonji Law Office.
Cinco Ranch, Texas Fun Facts:
- Cinco Ranch is a master-planned community in Katy, Texas.
- Its history goes back to the Republic of Texas.
- It is the largest raw land transaction in the history of Houston.
- For more fun facts, visit the community’s official page.