Buying, Selling and Disclosure
The contract, the contingencies, the escrow, and what a seller is required to tell you.
All 6 articles on this subject
Seller Didn't Disclose a Defect? Your Rights in California
California sellers must disclose known material facts. What the Transfer Disclosure Statement covers, and what a buyer does on finding a defect.
5 min readConstruction Defects in New California Homes
The Right to Repair Act sets standards for new residential construction and a pre-litigation procedure. Missing that step stalls a claim before it starts.
3 min readContingencies in a California Purchase Agreement
A contingency is a condition that must be met before a sale binds. How each works, how they are removed in writing, and when the deposit is at risk.
3 min readLos Angeles Measure ULA Transfer Tax
Measure ULA adds a transfer tax to higher-value real estate transfers in the City of Los Angeles. These are the current thresholds, rates and closing issues.
2 min readRemedies When a Purchase Agreement Fails
The remedy depends on which side you are on. Specific performance compels the sale, damages compensate. Which is available is a separate question.
3 min readWhat an As-Is Clause Does and Does Not Do
An as-is clause shifts the risk of discoverable conditions to the buyer. It does not license concealment, and it does not displace the statutory disclosure duty.
3 min read