Sentences with phrase «real estate claims»

In 2011, 25 per cent of real estate claims arose out of this easy - to - remedy inadequate investigation issue.

Real estate claims make up the largest share of communications claims.

As seen in below, on a gross claims cost percentage basis, litigation claims have shown an upward trend and have exceeded real estate claims since 2011.

But real estate law is responsible for a higher percentage of claims costs than litigation — and the trends are up for both the count and cost of real estate claims.

The Royal Oak real estate attorney professionals of Demorest Law Firm, PLLC law firm are distinguished by a history of successful real estate claim recoveries and resolutions.

The Charlotte real estate attorney professionals of Horack, Talley, Pharr & Lowndes, P.A. law firm are distinguished by a history of successful real estate claim recoveries and resolutions.

Communication errors and inadequate investigation are the biggest causes of real estate claims at LAWPRO, respectively 41 per cent and 26 per cent of claims reported in the past 10 years.

However, real estate claims based on the registration of fraudulent instruments under the Land Titles Act where the claim would otherwise be excluded from coverage due to the dishonesty of the insured lawyer — the risk targeted by the Real Estate Practice Coverage Option (REPCO)-- have turned out to be rare.

Between 2001 and 2009, real estate claims costs increased 185 per cent (based on numbers available as of February 28, 2012).

The Fairfield County commercial real estate attorneys of Brody Wilkinson PC law firm are distinguished by a history of successful commercial real estate claim recoveries.

As costs in the real estate area of practice have significantly increased, it is clear that real estate claims represent a major risk for LAWPRO and the bar.

The number of real estate claims dipped to 425 in 2003 and rose to 651 in 2009.

42 per cent of real estate claims arise out of communication errors, accounting for $ 11 million annually in claims costs over the past five years (up from $ 6 million a year in the five years previous to that).

This was taken from the article «Real estate claims trends: errors and insights» that originally appeared in the December 2010 issue of LAWPRO Magazine.

A recent Bloomberg News technology report on the current boom in industrial real estate claims «the buildings are boring -LSB-...] but cash - flow is sexy.»

It's estimated that if the IRS audited more returns that contained rental real estate claims, the U.S. Treasury would grow by $ 27.3 million in the next five years.

Communication errors and inadequate investigation are the biggest causes of real estate claims at LAWPRO, respectively 41 per cent and 26 per cent of claims reported between 2001 and 2011.

However, real estate claims based on the registration of fraudulent instruments under the Land Titles Act where the claim would otherwise be excluded from coverage due to the dishonesty of the insured... Read More»

And the big surprise to most lawyers: The most common cause of malpractice claims on real estate files are lawyer / client communication - related errors — they account for 40 per cent of real estate claims.

It is interesting to note that we close about 84 per cent of our real estate claims without any indemnity payments.

They fall into one of two distinct types: (1) not completing tasks in an appropriate amount of time (i.e., procrastination) causes 60 per cent of real estate claims in this area, and (2) missing deadlines or limitation periods causes 40 per cent of real estate claims in this area.

Claims data LawPRO's E&O program shows that real estate claims are high in cost and numbers.

Clerical and delegation errors Clerical and delegation errors also account for six per cent of the number of real estate claims.

Real estate values have increased more than 90 per cent between 2001 and 2009 — so when about one - third of LAWPRO's primary program claim costs arise out of real estate claims, it is not surprising to see total costs climb.

On average, resolving a real estate claim cost LAWPRO $ 43,325 over that period.

Comments Off on Florida Real Estate Litigation: In a Court System Short on Cash, Florida Real Estate Lawsuits Just Keep Coming With Some Cases Involving Uncommon Issues Tags: Broward Real Estate, Florida Real Estate, real estate claims, real estate lawsuits, South Florida Lawyers

Schinnerer has developed a «toolbox», which includes a risk management newsletter, blog updates, webinars, and a toll - free hotline to discuss potential claims with a real estate claims specialist.

If you have a claim, your claim will be handled by dedicated real estate claims specialists and attorneys across the country that specialize in real estate claims litigation.