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At CunninghamLegal, we have created a comprehensive private real estate transaction practice which includes brokering of a real estate deal while handling all the related tax, trust, and inheritance issues—with lawyers specifically trained in this field.
2024 Real Estate Law (as of January 1, 2024) The 2024 Real Estate Law is comprised of statutes and regulations with which real estate practitioners should be familiar. It is divided into four parts by subject matter as follows: Real Estate Law and Subdivided Lands Law.
California law provides a standard format, as referred to in Civil Code § 1102, which must be used by sellers in making these disclosures. The resulting form, called the "Transfer Disclosure Statement" (TDS), can be obtained from your California real estate agent.
- As a general rule, all sellers of residential real estate property containing one to four units in California must complete and provide written dis...
- There is no specific deadline by which you need to provide these disclosures to a prospective buyer. The intent of the law, however, is to get them...
- California’s seller disclosure requirements are very strict and thorough. California law provides a standard format, identified in Civil Code Secti...
- Although some California sellers think that providing complete disclosures is a lot of work, if you don’t provide a prospective buyer with the disc...
The mission of the California Department of Real Estate is to safeguard and promote the public interests in real estate matters through licensure, regulation, education and enforcement.
If you are selling a home in California, you need to be aware of various legal requirements. Making the required disclosures and following the proper procedures will not only help your transaction proceed smoothly, but also help avoid potential legal liability to the buyer following the sale.
- California law requires sellers to disclose to potential buyers, in writing, any details about the property that may affect the potential buyer’s d...
- When you sell your California home, a title company will conduct a title search and write a Preliminary Title Report, often called a “PTR.” The tit...
- Buyers and sellers of California homes customarily use escrow agents to facilitate the sale. The buyer will deposit funds in escrow, and the seller...
- When real estate is transferred from a seller to a buyer, a document must be recorded at the county recorder’s office to show that the property has...
When one sells residential real property in California, both the buyer and the seller must execute nearly fifty pages of documents that, among other matters, disclose required information about the property in question, ranging from location in flood and earthquake zones to whether a person has recently died on the premises.
Feb 12, 2024 · The best place to list your California home is on your local Multiple Listing Service (MLS), a private database created and maintained by real estate brokers to facilitate home buying and selling. » MORE: What is the MLS?
People also ask
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