When it comes to jointly owned properties, a common question that often arises is, “can you sell a house without the other person’s consent? The answer to this question is not always straightforward and can depend on various factors, including the type of...
Real estate transactions can be complex, especially for first-time buyers or sellers. As you navigate the process, it is essential to understand the difference between puffing and misrepresentation. These terms refer to the way information is presented during a real...
What is Lis Pendens in California Real Estate? Lis pendens is a Latin term that translates to “lawsuit pending.” In real estate law, it refers to a notice filed in public records to alert potential buyers or lenders that a property is subject to a legal...
Liquidated damages in real estate are a critical aspect of contract law, particularly in California. These damages are predetermined amounts specified in a contract to compensate for losses that are difficult to quantify in the event of a breach. This article delves...
What is a Purchase Option in Real Estate Law? Sometimes a lease agreement will include an option for the tenant to purchase the leased property during or at the end of the term of a lease agreement. Such an option provides the tenant the ability to purchase the...
For every recorded real estate transaction in the State of California, a documentary transfer tax based on the value of the property is often imposed on documents that convey real property, unless an exemption applies. For transactions which occur in the City of Los...