A secured lender may not setoff funds from a borrower’s bank account against a debt secured by real property without first foreclosing on the security. If the secured lender does take the money as a setoff, it risks waiving their security interest. (Security Pacific...
How do you preserve your contractual right to arbitration when enforcing a mechanic’s lien? How do you not lose that right if defending against enforcement? This article will cover how both enforcers and defendants in mechanic lien actions can preserve their...
In high-density neighborhoods that are common in the Greater Los Angeles and area, residents may be concerned that renovations on neighboring properties may impact their ability to enjoy views and sunlight. For example, the development of an apartment building next...
Part one of this two-part series discussed California’s system of lien priorities. To summarize, California applies a “first in time, first in right” system, under which, generally, the priority of liens is determined according to the time of creation. However, a...
If you have questions like: Do you need a real estate license to be a property manager in California? Are you searching for how to get a property management license? When A Property Manager is Required to Have a Real Estate license? Read this post to get an answer to...