As society develops and becomes increasingly complex, legal disputes related to real estate, particularly joint property ownership, are becoming more prevalent. These conflicts not only result in significant economic losses but also strain relationships among the involved parties, leading to prolonged psychological stress that is challenging to resolve.
According to provisions of the 2015 Civil Code, co-ownership refers to two or more parties sharing the rights to possess, use, and dispose of a property. In cases of real estate co-ownership, disputes often arise from the following causes:
(i) Disputes when one co-owner sells the property without obtaining consent from the other co-owners;
(ii) Disputes over the sale price.
Disputes arising from co-ownership of real estate are typically handled through civil proceedings. Typically, co-owners are often family members or individuals with close relationships, so making negotiation is always the preferred resolution option. However, a lack of legal knowledge and negotiation skills can prolong the process without reaching a resolution.
If necessary, the parties may take other legal actions, such as requesting the relevant authorities to get involved. A key point to note is that, for disputes over co-ownership of real estate, the authority to resolve the dispute is not limited to the Court; local People's Committees also have authority during the mediation process between the parties.
Regardless of the stage or approach, the role of a lawyer is still crucial. SB Law Liability Limited Company which is specialize in resolving disputes arising from real estate co-ownership issues, is proud to offer expertise not only in negotiation and mediation but also in representing clients and participating in litigation before the Court and relevant authorities.
We always have ways to approach and provide necessary, flexible solutions to protect the rights and legitimate interests of Clients in such disputes.
If you face difficulties or have questions regarding co-ownership of real estate, do not hesitate to contact SB Law Liability Limited Company so that we can advise, resolve inquiries of the Client, and offer the most suitable solution for the Client.
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