The word negligence is simply explained as acting carelessly in a given or chosen task; legally, it would be an act of being irresponsible and careless in a contract or in professional duties.
When a person or a firm takes on the responsibility to execute the given job with complete honesty and responsibility, he/she is bound by law to fall through with the sworn claims.
In case of unprofessionalism, it is the right of the client to take the case to the court.
Now in such a situation, the other party has full authority to file for a claim regarding damages involved.
Negligence claims are, in other words, the compensation which is filed for in the court of law for such irresponsibility shown by a person or a firm.
The most common of all legal claims involve property, as legal transactions regarding property take place more than any other area, every year.
Most of these cases are of commercial value, solely for the larger sum of money involved.
The legal term used for all buying and selling, related to property deals, is conveyancing.
Now, this profession is entirely based on trust; when a real estate agent is contacted by an interested party, they completely rely on the agent to buy, sell or rent out that property.
Negligence by solicitors or other legal advisors occurs in mishandling of the property or the commercial transaction in question.
Mostly, the real estate agents take care of their clients, but there are many who are out there to take advantage of their clients.
There are many ways in which an agent can deceive the customers and make profits because of their ignorance.
Sometimes lack of legal knowledge and experience can be the source of negligence which may later lead to trouble.
Other errors like, using outdated forms, mailing documents to wrong addresses, typing errors, missing deadlines, and making mistakes in drafting and filing may sound trivial but in the court of law they can be a source of negligence for which the firm would be held responsible.
Sometimes, in cases of property rentals, real estate agents, who are hired by a company to buy and then rent out a property, could prove to be the source of great loss to that company if he/she has undervalued the real rental worth of that property.
In such a case, the agent who is responsible for the professional handling of this deal would be held responsible.
Similarly, a real estate agent who shows negligence in calculating the net worth value of a property, and its income becomes a problematic matter for the client can be brought for these matters to the court.
An effective way of avoiding such hassles would be to make sure that there is no communication hindrance between you and your chosen real estate agent.
It is OK to trust the computers but the final drafts should be checked before filing.
Important dates should be remembered by both parties, and file reviews should be done every week till your deal goes through.
When a person or a firm takes on the responsibility to execute the given job with complete honesty and responsibility, he/she is bound by law to fall through with the sworn claims.
In case of unprofessionalism, it is the right of the client to take the case to the court.
Now in such a situation, the other party has full authority to file for a claim regarding damages involved.
Negligence claims are, in other words, the compensation which is filed for in the court of law for such irresponsibility shown by a person or a firm.
The most common of all legal claims involve property, as legal transactions regarding property take place more than any other area, every year.
Most of these cases are of commercial value, solely for the larger sum of money involved.
The legal term used for all buying and selling, related to property deals, is conveyancing.
Now, this profession is entirely based on trust; when a real estate agent is contacted by an interested party, they completely rely on the agent to buy, sell or rent out that property.
Negligence by solicitors or other legal advisors occurs in mishandling of the property or the commercial transaction in question.
Mostly, the real estate agents take care of their clients, but there are many who are out there to take advantage of their clients.
There are many ways in which an agent can deceive the customers and make profits because of their ignorance.
Sometimes lack of legal knowledge and experience can be the source of negligence which may later lead to trouble.
Other errors like, using outdated forms, mailing documents to wrong addresses, typing errors, missing deadlines, and making mistakes in drafting and filing may sound trivial but in the court of law they can be a source of negligence for which the firm would be held responsible.
Sometimes, in cases of property rentals, real estate agents, who are hired by a company to buy and then rent out a property, could prove to be the source of great loss to that company if he/she has undervalued the real rental worth of that property.
In such a case, the agent who is responsible for the professional handling of this deal would be held responsible.
Similarly, a real estate agent who shows negligence in calculating the net worth value of a property, and its income becomes a problematic matter for the client can be brought for these matters to the court.
An effective way of avoiding such hassles would be to make sure that there is no communication hindrance between you and your chosen real estate agent.
It is OK to trust the computers but the final drafts should be checked before filing.
Important dates should be remembered by both parties, and file reviews should be done every week till your deal goes through.
