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...
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...
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...
What are my obligations as a commercial property lessor?
Commercial property leasing is an investment that requires thorough management and operation. And to ensure proper management, lessors need to understand their obligations fully. Otherwise, they might face complexities relating to the lease, which can also lead to a...
