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

New California Law Will Require Sellers to Disclose Gas and Hazardous Liquid Pipelines

By | Home selling, Home selling strategy, Orange County CA real estate, Seller disclosures

New California law will require disclosing Gas and Hazardous Liquid Transmission Pipelines in residential sale transactions (effective July 1, 2013). Every contract for the sale of residential real property must contain a specified notice regarding gas and hazardous liquid transmission pipelines. This notice informs buyers that the U.S. Department of Transportation maintains the general location… Continued

March 26, 2013