A real estate purchase is likely to be one of the biggest purchases of your whole life. People invest significant financial resources into real estate transactions. Because of the time, effort, and money that is poured into them, disclosures in real estate transactions become critical. State law recognizes that buyers have the...
Category: Real Estate
What are the Common Forms of Property Ownership?
Did you know that real estate ownership can take on different forms? It’s true. Each form of ownership can have its own unique and profound impacts on things like transfer of ownership and financing, as well as taxation and collateralization of the property. Because different forms of property ownership carry different implications...
Things to Include in a Contract with a Building Contractor
If you are engaging the services of a building contractor, a solid contract is in everyone’s best interests. A strong, comprehensive contract can help set clear expectations for all parties involved by detailing everyone’s rights and responsibilities under the terms of the contract. Crafting a contract that helps avoid unwelcome surprises and...
Remedies for Buyer if Seller Fails To Disclose Defects In Sale Of Residential Real Estate
Sellers of residential real property and their agents and brokers have a duty to disclose everything that a buyer would consider material to the purchase. Otherwise, they are liable for damages incurred by the Buyer.
Seller's ObligationsThe Purchase Agreement and related Contract Documents state the...
Attorney Fees for Breach of the Implied Warranty of Habitability
Are attorney fees available for a tenant suing a landlord for breach of implied warranty of habitability, even if there was an oral rental agreement (no attorney fee provision), and in a separate civil action apart from an unlawful detainer proceeding?
The following is from a 2003 case in...