Archived
I'm engaged and buying a property. I'll be the owner. How do I mark vesting status to ensure survivorship to my future wife?
Chi's answer
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Answered on April 29, 2014
Make out a living trust naming yourself as the trustee and your wife as the beneficiary. This will be the most flexible and relatively inexpensive...
Can a property management company assign my lease to another property manager, and if so what notice would be needed ?
Chi's answer
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Answered on April 29, 2014
Your rights and obligations should be stated clearly in your lease. If in doubt about the change of making payment to another management company,...
Archived
Can I sue my mortgage broker?
Chi's answer
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Answered on April 29, 2014
The truth of lending act requires the loan broker to provide you specific cost of your mortgage loan in writing prior to the close of the loan. If...
Archived
I plan to invest in a single family house investment, what is the best way to form a partnership?
Chi's answer
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Answered on April 29, 2014
How you take title between you and this potential "partner" also has tax implication. The depreciation, and the duty of managing this rental...
Archived
What are the laws concerning the sale of a house in Chandler, Arizona whose value has appreciated since 1999 ?
Chi's answer
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Answered on April 03, 2014
You have an answer to an Arizona CPA, instead of asking California lawyers. Edward C. Ip
Archived
Can I do a forced a sale through partition on the marital home that was awarded to my ex-spouse??
Chi's answer
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Answered on April 03, 2014
If the house was awarded to your ex-spouse, then, you have no standing to file a partition action. You have no interest in this house. Edward C. Ip
Archived
Are we supposed to get a relocation fee?
Chi's answer
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Answered on April 03, 2014
I wonder that the 2-weeks may not be adequate. If you are month to month and have been at the house for more than one year, the new owner may have...
Legal date of change of real property ownership ( notary date or Recording date) ?
Chi's answer
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Answered on April 03, 2014
The industrial standard is that the recording time and date establishes the conveyance of title. Whoever is first in time in recording has the...
Archived
California disability parking - I bought a small motel in los angeles which is very old (building is over 80 yrs old ) and small
Chi's answer
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Answered on April 03, 2014
If your site is possible, provide for handicapped parking and obtain a compliance certificate from a certified ADA inspector. Then, you can file a...
Archived
My purchase money trust deed was put in the seller's son's name and recorded along with the deed to me. Is the trust deed valid?
Chi's answer
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Answered on March 28, 2014
You don't provide enough facts. I assume that it should be valid. The deed of trust is just a secured interest. The seller may have assigned his...
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