Firm Recovers Damages for Client Using Pre-Suit Mediation Provision in TREC Contract

The Firm successfully settled a breach of contract claim against purchasers of a residential property when the purchasers terminated the contract outside the contract’s option period.  The settlement came as a result of the pre-suit mediation process, which is now a part of certain contracts promulgated by the Texas Real Estate Commission (“TREC”) and widely used in the purchase and resale of residential properties in Texas.  The Firm continues to represent clients in assorted real estate transactions and litigation matters.