Using an LLC to Buy, Sell, and Hold Property – How to Avoid Pitfalls and Establish Alter Ego Liability Many residential and commercial property owners in California are familiar with the idea of using an LLC (limited liability company) to hold and manage real estate....
Escrow Process in California What happens when parties to a purchase chose to use a escrow to transfer property? The following is a general walkthrough of the typical escrow process and explains how an escrow agent assists with a sale. Actual circumstances may vary...
By law, purchase options are not essential terms to a lease. Tenants should take this into consideration before negotiating purchase options into their next lease. This is especially true for tenants on a fixed-term lease who expect to remain on the premises on a...
In California, real estate appraisals are conducted by licensed professionals and used to determine the fair market value of a real property. Real estate appraisals are conducted using standardized methodology that can produce different valuations for the same...
A record of survey is a detailed map that documents and identifies the physical land boundaries or property lines for a specific parcel of land. There are various reasons that may necessitate the need for records of surveys, such as verifying the acreage of your...
In this blog, we will discuss avoiding purchase and sale pitfalls by doing your due diligence, and disclosures. Buying or selling residential and commercial real estate can come with purchase and sale pitfalls for investors who are not familiar with the many statutory...