Tag Archives: California real estate laws

California Court of Appeal Holds Lender Waived Right to Deficiency Judgment

In First California Bank v. McDonald, a California court of appeal recently held that a lender waived its right to a deficiency judgment where it permitted the sale of real property outside of the judicial foreclosure without the borrower’s consent. … Continue reading

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Does a Will Cover Everything I Own?

Does a Will Cover Everything I Own? No. Generally speaking, your will affects only those assets that are titled in your name at your death. Those assets that are not affected by your will include Life insurance. The cash proceeds … Continue reading

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California Legislature Considers New Tax on Homeowners – SB 391

California Legislature Considers New Tax on Homeowners – SB 391 The CA state legislature has been considering a new tax that would be imposed on homeowners who need to record certain documents with their counties. This $75 per document tax … Continue reading

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CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report

CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report. A California court of appeal has ruled that the real estate broker for buyers failed in their obligation to investigate, understand and communicate to buyers the implications … Continue reading

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New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries

New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries. Adjoining landowners, with properties contiguous or in contact with each another, must share equally the responsibility for maintaining boundaries and monuments between them. Adjoining landowners are … Continue reading

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Water-Conserving Plumbing Fixtures Must be Disclosed by California Home Sellers

California government has favored consumers for years and has a number of laws on seller disclosures to protect home buyers. New CA law – CA Senate Bill 837 – says that home sellers must disclose to buyers whether there are water-conserving plumbing fixtures. … Continue reading

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Options in California Real Estate Contract Transactions

People ask us about possible lease option agreements to sell and buy properties at Orange County, CA. California real estate contracts sometimes have OPTIONS granted to lessees and proposed buyers. A rent-to-own or “LEASE OPTION contract” usually contains an OPTION TO PURCHASE … Continue reading

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New California Smoke Free Housing Law 2012

California New Smoke Free Housing Law for 2012 The  California Smokefree Housing Law (SB 332) went into effect on January 1, 2012 – added Section 1947.5 to the California Civil Code– and gives multifamily property owners and managers the power to prohibit smoking … Continue reading

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Foreclosures Are Part of Newport Beach CA Real Estate Landscape

Newport Beach CA is one of the most sought after cities in Orange County and Southern California for residential living and investment. Newport Beach is like other areas in Orange County CA and has distressed properties and those in the … Continue reading

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New California Laws Impacting People Living Where There are Homeowner Associations

About one in three people in California now live in communities where there are homeowner associations, and new California laws impact those people. CA Senate Bill 150 – new CA law for 2012 – Owner’s right to rent out units at homeowner … Continue reading

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