Private Transfer Fees Recorded on Homes in CA Must Be Disclosed to All Buyers

By | California real estate law, Home selling guide, Home selling strategy, Real estate laws, Seller disclosures

The real estate developer at Ladera Ranch at South Orange County and other areas in CA have imposed and recorded Private Transfer Fees that are required to be paid by all buyers (PTFs) each time the home is sold. These PTFs require subsequent purchasers of real property to pay a fee to a private entity… Continued

June 23, 2014

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

By | Broker disclosures, California real estate law, Disclosures to buyers, Home selling guide

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 of an earthquake zone report.   (Saffie v. Schmeling, filed March 7, 2014, Fourth District, Div…. Continued

April 8, 2014

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

By | Adjoining landowners, California real estate law, Real estate attorney, Real estate laws

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 presumed to share an equal benefit from any fence dividing their properties, and unless otherwise… Continued

January 6, 2014