Does the seller fail to disclose when he allows only some units to buyer/inspector/appraiser access in an apartment transaction?
Stephen's answer
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Answered on April 25, 2022
The answer depends on the language in the purchase sale agreement and the escrow instructions.
Its not a failure to disclose unless in the...
California AB 1482. Is a single family home (not owned by a corporation, RET, LLc with corp member) exempt from AB 1482???
Stephen's answer
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Answered on April 25, 2022
Like everything else in California AB 1482 is very awkwardly written. The following is an interpretation of what is exempt
" A single family home...
How do I transfer (Cede) 50% of the shares of a California C-Corporation to my wife? It is not a sale.
Stephen's answer
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Answered on April 25, 2022
A comment or two before I answer this. Unless you acquired the shares before marriage, your wife is already a 50% owner under community property...
Can I use an out-of-state attorney to close a RE deal in California?
Stephen's answer
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Answered on April 22, 2022
We don't use attorneys in California to close the deal. everything goes through an escrow company. You can have a lawyer ( should be licensed in...
US citizen selling a house in Puerto Rico IRS 15% retention?
Stephen's answer
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Answered on April 22, 2022
These are questions for a CPA or your tax advisor.
What's the difference between revocable and irrevocable Trust?
Stephen's answer
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Answered on April 22, 2022
"The woman’s company was formed and operated before marriage".
"One of the woman’s businesses is not generating a profit and the other...
Purchasing property in Los Angeles as Single Family Home or MultiUnit, short term rental options?
Stephen's answer
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Answered on April 20, 2022
Welcome to Los Angeles the land of Socialism and control, control, control. I suggest you confer with a real estate attorney versed in rental...
How do reclaim money and unsold stock from a west coast based firm that is going bankrupt?
Stephen's answer
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Answered on April 19, 2022
I believe you will need to consult a bankruptcy attorney. Please consult the Avvo attorney directory
I am breaking up with a girlfriend after almost 10 years of living together.
Stephen's answer
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Answered on April 18, 2022
I do not subscribe to having her sign a contract prohibiting her speech in advance. If she indeed leaks or causes a trade secret to be taken from...
Who will own a property in escrow and simultaneously sold at county foreclosure auction in Los Angeles?
Stephen's answer
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Answered on April 18, 2022
Who is the owner -- you or other? Are you a party to the escrow? The current owner needs to take steps to make sure the scenario you have presented...
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