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Dual Agency: Is Having A Dual Agent A Bad Idea In California?

Dual Agency: Is Having A Dual Agent A Bad Idea In California?

by Schorr Law | Dec 29, 2023 | Purchase and Sale

The topic revolves around the real estate agent, more specifically the dual agent; responsible for most purchase and sale property transactions. Is navigating this process with a dual agent be a bad idea? What are the disadvantages of dual agency in California? Why...
Things To Look Out For During A Property Inspection

Things To Look Out For During A Property Inspection

by Schorr Law | Aug 31, 2023 | Ownership, Property Damage/ Maintenance, Purchase and Sale, Specific Performance

Are you about to purchase property? Having a professional property inspection done during escrow is an important procedure any prospective buyer should do to ensure that their money will be well spent. One thing no one wants is to find out too late is that their new...
What Does It Mean to Remove an Appraisal Contingency?

What Does It Mean to Remove an Appraisal Contingency?

by Schorr Law | Jul 5, 2023 | Purchase and Sale

What does it mean to remove an appraisal contingency and what does it entail? This article provides an in-depth understanding of the concept of Waiving an Appraisal Contingency in a real estate purchase agreement. It explains the implications of an appraisal coming...
The Delayed Discovery Rule and Purchase and Sale Lawsuits

The Delayed Discovery Rule and Purchase and Sale Lawsuits

by Schorr Law | May 9, 2023 | Purchase and Sale

How does the Delayed Discovery Rule come into play in purchase and sale lawsuits? In California, the statute of limitations can be a cruel and unforgiving rule for some. Indeed, notwithstanding the merit of a claim, California courts routinely dismiss cases that were...
There is a Price to be Paid for Breach of Contract

There is a Price to be Paid for Breach of Contract

by Schorr Law | Nov 25, 2022 | Litigation, Purchase and Sale

There is a Price to be Paid for Breach of Contract A recent appellate court decision reiterated that the purpose of the law of contracts is to protect the reasonable expectations of the parties, including those contracts entered into as settlements. In Creditors...
Stipulated Judgments and Penalties for Breach

Stipulated Judgments and Penalties for Breach

by Schorr Law | Oct 19, 2022 | Purchase and Sale

Stipulated Judgments and Penalties for Breach In Creditors Adjustment Bureau, Inc. v. Imani (2022) 82 Cal.App.5th 131, 133–134, the Court of Appeals held that in certain circumstances, stipulated damages for the breach of a stipulated judgment are neither an...
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