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Common causes of real estate development disputes

On Behalf of | Nov 15, 2021 | Contract Disputes

There may be a great deal of planning and preparation that goes into the process of preparing to initiate operations on a new development project. With a multitude of components in play and various teams involved, possible sources of dispute could arise from virtually any aspect of the project. Real estate developers in New York who wish to know how best to prepare for the possibility of conflict could benefit from knowing how it might arise and the next steps to take should this occur. 

Sources of unrest 

While preparing to initiate a new project, real estate developers may be tasked with evaluating a multitude of aspects, varying anywhere from worksite and projected weather conditions to possible safety hazards or property infrastructure requirements. As safety is a vital aspect of project success, it may also be necessary to address any possible workplace hazards and take steps to mitigate such risks. Including similar aspects in the planning stages could prove integral to staving off conflict, but should an accident occur, even a detailed strategy might not prevent disputes from arising. 

Developers may also find that addressing project needs could be integral to creating plans that promote safety on the job site. Such needs could include the necessary use of heavy-duty construction equipment such as lifts and excavators, or even the need to dig and work in trenches. With the inherent safety risks involved with the presence of such measures, taking steps to implement safety procedures could prove vital to reducing worksite risks and protecting one’s interests. 

Handling disputes 

Real estate developers may find that even thorough project plans might not stave off every source of dispute and such conflict could wreak havoc on project schedules and finances. When disputes arise, a New York developer could benefit from consulting with an experienced attorney for guidance on his or her options and on how best to approach the situation. An attorney can provide a client with insight on the available outlets with which to seek an acceptable resolution and assist in preparing a strategy to safeguard his or her interests through the proper channels. 

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