We hate to get into trouble, much less get into lawsuits. That's never fun, leading you to spend a lot of money.
Not only that but the mental stress and anxiety that comes with it can also affect your well-being.
As much as possible, how do you avoid involving yourself in lawsuits with your real estate dealings?
Howard Kline is a lawyer with 43 years of legal experience, primarily in the area of commercial real estate, lease negotiations, evictions, and rent collections. I also offer foreclosure services as a lawyer, arbitrator, and mediator, specifically relating to commercial landlord-tenant disputes. Please submit your case below for review, and I'll contact you as soon as possible.
In this episode, Howard shares what you need to be doing the first thing before you get into an agreement. With lawsuits happening now and then, especially in the real estate industry, he cautions everyone to put in a system that somehow mitigates the situation when it arises. That's when putting everything in agreement makes sense. He also discusses disagreement stipulations so you know how the process goes during mediation and arbitration; of which these two terms he will also discuss.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 21 minutes from today's episode:
01:51 - What to consider at the get-go when entering into an agreement
03:27 - A system that needs to be set up
04:46 - Howard's goal for his client
05:05 - Ways to prevent yourself from getting into lawsuits
06:29 - Doing your best due diligence
10:29 - The dangers you must look out for when doing your due diligence
12:19 - Disagreement stipulations
14:44 - How to go about the mediation process
17:12 - Differentiating between mediation and arbitration
19:33 - How you can reach out to Howard
"Somewhere along the line, someone's going to have a disagreement; the better you draft the agreement, the more you anticipate the likely disputes, the better you can avoid them, to begin with." - Howard Kline
"What's the best way of avoiding disputes? It's choosing the right person you will be dealing with." - Howard Kline
Connect with Howard Kline:
Connect with Dave Dubeau: