March 21, 2018

Escrow

By law, escrow and title insurance are not required when transferring ownership to real property, however, they are extremely important.

In California, when ownership  transfers  from  one  person  to  another  there  is usually  a  neutral  third party, called an...

March 19, 2018

Disclosing Material Facts

A seller must disclose, in writing, any and all known material facts that affect the value of their property whether the buyer asks or not. Even when a home is sold in "as-is" condition, the seller must still disclose any observable defects as...

March 19, 2018

There are many important clauses within a California Real Estate Purchase Agreement, such as the:

  • Date of the agreement;

  • Names and addresses of the parties to the contract;

  • Description of the property;

  • The consideration or price;

  • Financing and te...

March 19, 2018

An encumbrance is a burden upon the real property. An easement is a non-financial encumbrance upon the property where there is a right to enter or use someone else's land for a specified purpose. An easement is non-possessory, meaning that the holder of an easement can...

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