California law requires property sellers to disclose certain information to potential buyers. These disclosures help buyers make informed decisions and protect them from unexpected issues after purchasing a property. However, sellers often face challenges in...
Real Estate
3 important contingency clauses in real estate
Whether you’re buying or selling, contingency clauses are an essential ingredient in your real estate contract. A contingency clause is any part of the agreement that outlines specific conditions that have to be met for the sale to proceed. Some are written to...
Why might a real estate investment go wrong?
Some real estate investors are unlucky with a part of their portfolio. A freak weather event or an out-of-the-ordinary global event could lay waste to all their careful preparation. Yet, often the reason a real estate investment fails is down to the investors...
Important details to clarify in a commercial lease
A commercial lease can be a good solution to space concerns for startups and growing businesses. Leasing business space is more accessible and expedient than purchasing it, and rental arrangements offer companies more flexibility than ownership. That being said, the...
What are the provisions of a force majeure clause in a lease agreement?
Under normal circumstances, a contract obligates each party to perform their respective duties and obligations as outlined within the agreement. However, unforeseen events or circumstances beyond the control of either party, such as natural disasters, acts of...
3 issues that could cancel a residential real estate closing
Both the seller and the buyer involved in a residential real estate transaction in California have an interest in completing a transaction in a timely manner. It can take weeks to plan for a move to a new home, and there are many other logistical challenges that...
A seller’s handbook: Critical steps in selling your home
Selling your home can seem daunting, especially if it’s your first time or you've not sold a property in a while. However, the process becomes more manageable when you understand the crucial steps involved in closing the deal and what to expect during the entire...
Types of commercial leases
Choosing the right commercial lease is crucial for any business owner venturing into commercial real estate. The terms of the lease can have a significant impact on your business's bottom line, as well as your daily operations. Selecting a commercial lease isn't just...
What to do when you buy a home with undisclosed defects
Investing in a home is a significant move. You researched, hired a reliable real estate agent and carefully reviewed the disclosure statement to get an ideal home. Unfortunately, a seller or realtor may not act in your best interest by failing to disclose the defects...
3 contingencies to consider when closing on a home
A contingency clause allows you to withdraw from an agreement to buy a house, without penalty, in specific circumstances. As withdrawing from a signed promise to buy may otherwise be expensive or even impossible, it’s crucial to include all the contingencies you might...