Archived
Trust owns 4 apartments approx 100 units each. Owners of trust incorporate a property management firm (pmf). Pmf only manages
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Answered on July 08, 2014
California Business and Professions Code Section 1031(b) states that a license is required to engage in the business of managing rental units such...
I just received a letter from a title company that requesting my demands for a lien that I have on a property, they want to know
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Answered on June 30, 2014
If you claim a lien against the property of another, that person has a right to have you tell them the amount that must be paid to have the lien...
Archived
What are the consequences for backing up on home sale agreement with unmet conditions?
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Answered on June 27, 2014
As indicated above, no answer is possible without reading the actual written contract. You must have an attorney review the documentation. It...
Archived
Do we have a case here? . She is so scared to even get into this upper end vehicle now.
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Answered on June 26, 2014
Your clearly have a good case. Consult an experienced attorney. Almost all of these cases are handled as contingency cases, which means you will...
Archived
What are my options?
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Answered on June 25, 2014
If you did not have insurance, find an attorney with experience in civil litigation, and have a meeting asap.
Archived
Will I get a tax reassessment?
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Answered on June 23, 2014
You may be able to avoid reassessment. Transfers between a mother and natural child are often times exempt, if you timely claim the exemption and...
Archived
After refinance my mortgage, how to avoid propperty tax increase if I remove co-signer couple off my property's title?
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Answered on June 23, 2014
If the property was reassessed, it would only be for the 1% that is being transferred. Also, since your cousins were holding nominal title only to...
Archived
My mortgage lender said that they need to extinguish the Deed of Trust in order to increase the term of my loan.
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Answered on June 19, 2014
Your question is not completely clear. If you are asking why your junior lien holder will not subordinate to allow a senior lien holder to enlarge...
Archived
Receiving real property as a gift - record keeping for tax purposes
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Answered on June 16, 2014
To the extent that your question is limited to asking about basis for County imposed real property taxes, the answer is "no." You cannot keep the...
Archived
Under terms of most Reverse Mortgages, they must by paid off WITHIN 6 MOS. following death of Borrower.
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Answered on June 16, 2014
The lender always has discretion over when it chooses to declare a loan in default and when to start the foreclosure process. You should not,...
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