What is the Purpose of a Lis Pendens?

What is the Purpose of a Lis Pendens?

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...
What is a Purchase Option?

What is a Purchase Option?

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...