Whether you decide to invest in a commercial or residential property, and whether the property is for personal use or you intend to be the landlord, you need to take the necessary precautions to safeguard yourself from becoming a victim of fraud. Accurate property information is essential for avoiding real estate fraud. Here are the […]
Housing Contract Terms to Consider During COVID-19
The COVID-19 pandemic has led to an unprecedented time of uncertainty, especially in terms of housing contracts. Unemployment rates have sky-rocketed, universities are moving their classes online and encouraging students to learn from home, and housing contracts are in the spotlight unlike ever before. In some states, including California, a moratorium on evictions has been […]
How COVID-19 Regulations Affect Real Estate Law
COVID-19 has had a huge impact around the world, affecting and disrupting a wide range of industries. The real estate sector is no exception. The pandemic has resulted in uncertainty for buyers, sellers, landlords, tenants, contractors, and more. This article will list some of the ways the real estate industry is being disrupted and real […]
New Laws In 2019 For Real Estate Disclosures In California
Assembly Bill (AB) 1289 recently made several changes to real estate disclosure requirements. These changes are effective January 1, 2019. One decidedly positive change the new law has made is to move legislative language away from the more antiquated terms, “selling agent” and “listing agent” in favor of the clearer and more universally recognized “buyer’s agent” and […]
Lis Pendens Void.
An adverse possessor obtained a lis pendens but failed to mail it to the address shown in the assessor’s roll, an address known to be invalid. The Court of Appeal found the lis pendens void, stating: “[U]nder the applicable statues, the lis pendens had to be mailed to the [property owner’s] address as shown on […]
Trial Court Erred In Not Granting Rescission To Buyer Or Real Property.
Plaintiffs bought a multimillion-dollar hillside home, and several months later, they discovered they were not connected to the City’s sewer system. Believing they were deceived, they brought an action against the sellers and the real estate agents who brokered the sale alleging various causes of action, including rescission. After the real estate agents settled for […]
Judicial Admission Made In Unverified Complaint Against General Contractor.
This is the scenario: A homeowner sued a general contractor, alleging shoddy work. In his unverified complaint, the homeowner alleged the contractor was licensed at all times. The general contractor responded with a cross-complaint for unpaid work. A local rule required plaintiff to identify all controverted issues, and plaintiff did not identify licensure as a […]
Take My Word For It. . .The Foreclosure Sale Was Canceled.
A notice of default had been recorded against plaintiffs’ residential property, and a notice of trustee sale was also recorded. Plaintiffs retained a lawyer to negotiate a loan modification with the lender. In their complaint for promissory estoppel, plaintiffs allege the lender agreed to continue the scheduled trustee sale and negotiate a loan modification. Discussions […]
White Collar Crime.
A criminal defendant stood accused of defrauding lenders in a scheme involving submitting false information on loan applications. Witnesses who worked in defendant’s real estate agency cooperated with the government and testified against defendant at trial. A jury found her guilty of conspiracy, bank fraud, mail fraud and wire fraud. After her conviction, defendant found […]
What Does Zoning Mean? Build Absolutely Nothing Anywhere Near Anyplace.
In 2006, the Los Angeles City Council passed ordinance section 14.3.1. As stated in the ordinance, section 14.3.1’s purpose is to “provide development standards for Alzheimer’s/Dementia Care Housing, Assisted Living Care Housing, Senior Independent Housing and Skilled Nursing Care Housing, create a single process for approvals and facilitate the processing of application of Eldercare Facilities. […]
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