Competition exists in every business industry. While this is to be expected, there are some instances in which competing companies or businesses can take unseemly steps to harm the operations of another company. This could prove particularly true when individuals are looking to buy land to develop and feel duped by another business. As a result, real estate disputes could arise.
California readers may be interested in this type of situation currently underway in another state. Reports indicated that a development company has filed a lawsuit against an individual and a timber executive over a parcel of land. Apparently, the defendants had been shown the property before it went on the market, and they did not wish to purchase the property due to concerns over wetlands impacting development ability.
The plaintiff development company showed an interest in the property and created plans for development. However, the timber executive apparently saw the plans and allegedly interfered with the sale of the property to the development company. As a result, the property was sold to defendants. The company also alleges that the defendants carried out other acts that negatively impacted the company's business opportunity.
Real estate disputes can come about for many reasons, and because location can play a significant role in business operations, it is understandable that conflict could arise in cases such as this one. If California residents have faced similar circumstances or had other issues with real estate, they may wish to look into their legal options. Consulting with knowledgeable attorneys could help them determine what steps could best address the problems.