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If I short sale my house and I still owe a lot more on my loan than what the home sells for, do I have to pay taxes on the diff?
Frank's answer
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Answered on May 28, 2011
Homeowners facing foreclosure or considering a short sale in California are often concerned about two issues: deficiency judgments, and income tax...
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I had a exclusive right to sell agreement with a small ( No asset) corporation in California.
Frank's answer
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Answered on May 28, 2011
If your exclusive right to sell agreement was with the corporation, then your claim for breach of such contract is against the...
Archived
My father is being wrongfully foreclosed on. The land owner, says my father owes Interest on late fees.
Frank's answer
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Answered on May 28, 2011
There are insufficient facts in your question to give you a meaningful response. Have a real estate attorney review all of the "documents"...
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Real Estate Legal Question-Buyer switching agents after agent submitted offer, and negotiated on his behalf.
Frank's answer
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Answered on May 28, 2011
The California Supreme Court case of Phillippe v. Shapell Industries Inc. (1987) 43 Cal.2d 1247 bars you from any recovery if you do not have a...
Can I charge my former landlord with fraud or theft for supplying me with a fradulent invoice to keep my deposit?
Frank's answer
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Answered on May 28, 2011
I agree with Attorney Koslyn. You will not be able to charge her with criminal fraud.
Pursuant to California Civil Code Section 1950.5(g)(4),...
My dad was a cosigner on a year lease, I renewed my lease without him can he still be held acountable if I terminate the lease?
Frank's answer
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Answered on May 28, 2011
I agree with Attorney Rodgers's response and additional comments.
An attorney would have to review the co-signed lease language to determine...
Archived
In order to sign for a corporation on a legal documents or assignment of title to property, what does your status need to
Frank's answer
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Answered on May 28, 2011
California Corporations Code section 313 provides:
”Subject to the provisions of subdivision (a) of Section 208,
any note, mortgage, evidence...
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Archived
What is the law if employee has not given u a raise at all in the last 3 years
Frank's answer
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Answered on May 28, 2011
In California, there is no law which requires an employer to provide a pay raise to employees if there is no written employment contract to the...
Archived
Can I be sued for money that is being claimed a loan over 7 yrs ago
Frank's answer
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Answered on May 27, 2011
Yes, you can be sued, but as Attorney Fink indicates, the statute of limitations ought to bar the claim. Moreover, your testimony that the money...
Archived
How is my tenant lease still valid on an REO property?
Frank's answer
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Answered on May 27, 2011
Attorney Fink's response regarding the Protecting Tenants at Foreclosure Act and its exceptions is correct. If you are attempting to enforce a 7...
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