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Looking out for your rights in a new development

On Behalf of | Sep 30, 2019 | Development |

Every time you start a new venture, you take certain risks whether the project is here in Southern California or elsewhere. You may rely on the legal groundwork you laid prior to the beginning of this new development in case anything goes wrong. When something does happen, you will need to find out if the steps you took were enough to protect your rights.

Depending on your position within the development, you could experience a variety of setbacks that lead to disputes. Sometimes, simply having a conversation is enough to resolve the issue, but if it is not, then you need to determine your next step. If you are a subcontractor who is not getting paid, an owner in a dispute with a construction contractor or someone else involved in the project, a thorough review of your agreements could reveal what legal options you have.

These days, many agreements include arbitration and/or mediation clauses. If so, it means that litigation may not always be an option. You may be all right with that since airing your grievances in a public setting such as a Southern California courtroom may not be what you want. Instead, you may prefer to work out your dispute in a more amicable way.

Regardless of how many legal options you have, one thing remains the same. Protecting your rights is a priority. You more than likely have a financial stake in the development and need to make sure your interests are protected as well. Attempting to interpret the legal documents in question on your own could result in a critical mistake. Knowing what avenue will provide you with the best outcome to your dispute will probably require some experienced assistance and advice.