Real Estate and Property Law is a broad legal area covering federal statutes and a combination of state statutes and common law dealing with real estate, real property, property rights and interests, buying and selling real property,
Real Estate Law
In economics, competition is the rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion. Merriam-Webster defines competition in business as “the effort of two or more parties acting independently to secure business by offering the most favorable terms.”
deals primarily with contract law and encompasses all aspects of the legal process, from the initial bidding on the project, to the negotiation and the formation of the agreements and contracts.
Construction law also governs disputes between the parties involved in the construction process (i.e. builder and homeowner). There are many laws that govern the construction process, and that apply to the various businesses and professions that are a part of and serve the construction industry.
Government contract law is a specific area of construction law. These projects involve the Federal, State and Local Governments, and are governed by very precise laws, legal principles and legal procedures.
When injuries occur, workers’ compensation law is also a subset of construction law.
In construction law, both the owner and the contractor are required by law to act in good faith in the performance of their contractual obligations. Courts have held that the construction contractor owes the owner a duty to perform services in an appropriate workmanlike manner. This duty requires the contractor to warn the owner if the design or construction specifications may have damaging results. Likewise, courts have held than an owner has a duty to cooperate with contractors. The owner’s duty to cooperate also requires that the owner not interfere with or purposefully delay the contractor’s performance.
Although specialized, construction law can touch on many legal practice areas. If you have issues with your contractor, you might want to speak with an attorney who has expertise in this complex field.
Landlord and Tenant Law regulates the rights and responsibilities of landlords and tenants and empowers applications such as seeking extension of a lease or some other action or dispute concerning tenancy.