by atak_dev | Jun 11, 2017 | Purchase and Sale
1. Prepare Yourself Mentally that the Property May Take Longer to Sell Then You Anticipate Savvy sellers know that getting a buyer to stick (close escrow) is not as easy as it would seem. Many real estate sales fail to close escrow because the buyer fails to complete...
by atak_dev | Jun 11, 2017 | Purchase and Sale
Are you a first time home buyer? In this guide, you will learn more about the Steps to Buying a House in California in 2021. Find useful tips to get yourself familiar with the legal aspects of purchasing a home Buying a house is a complicated process, especially for a...
by atak_dev | Jun 11, 2017 | Purchase and Sale
Every contract contains an implied covenant of good faith and fair dealing. The basic premise is that the party entering into the contract will not do anything that will negatively affect the other party’s contractual rights. Stated differently, the law requires the...
by atak_dev | Jun 11, 2017 | Purchase and Sale
If you are selling commercial real estate, one of the most important issues you need to consider is whether to accept a backup offer. For good reason, most standard commercial purchase contracts allow a seller to solicit and accept competing backup offers up through...
by atak_dev | Jun 10, 2017 | Purchase and Sale
More and more with an active real estate market in Los Angeles we are seeing disputes over the return of earnest money deposits after a failed escrow. Typically, the seller wants to retain the up to 3% liquidated damage deposit while the buyer wants its deposit back....
by atak_dev | Jun 10, 2017 | Purchase and Sale
As very active real estate attorneys in Los Angeles, we frequently find ourselves litigating purchase and sale contracts. These disputes necessarily involve an element of contract interpretation –even when the parties use the standard form California Association of...
