Pros and Cons of a Partition Action

When real estate property is left to multiple beneficiaries in a will, the parties often do not agree on whether to utilize or sell the property. The law provides a solution in these cases called a partition action.  Under the California Code of Civil Procedure under C.C.P. 872.210, petitioning to partition is a legal right under the law. What is a Partition Action? There are two types of partition actions available in the State of California: “partition in kind” and “partition by sale”. A partition in kind action terminates each individual property owners’ interest in the real estate as joint owners and creates separate and divided portions of the property. A partition by sale action (also known as “succession”) sells

2019-12-10T06:04:02+00:00December 10th, 2019|

Facing Foreclosure in California – Civil Code Section 2923.5

If you are facing foreclosure on your home in California, it is no doubt a very scary and stressful time for you and your family. However, it is crucial that you know that you have legal rights during this process. Learning as much as you can about the foreclosure process can help you understand your rights, and determine which action is best to take for your specific situation. Under California’s Civil Code Section 2923.5, you have the right to receive notice from the lender to assess your financial situation and explore options in an attempt to avoid foreclosure.  Foreclosure in California In most cases, a loan servicer or lender must wait a full 120 days (4 months) before officially starting

2019-10-23T05:52:47+00:00October 23rd, 2019|

Avoiding real estate litigation due to zoning law issues

On behalf of Thaler Law posted in real estate litigation on Tuesday, June 11, 2019. When buying property in California for residential or commercial purposes, it is smart to be cognizant of the potential risks involved with that process. When there are problems with the transaction or the property, it can lead to financial loss and other risks. In order to avoid real estate litigation, a buyer will want to find out about the property's zoning classification and what that will mean for any goals for the land or building. Zoning laws determine how an owner can use a specific piece of property. It can come as a surprise to a property owner that there are limits to what he

2019-10-30T15:16:39+00:00June 11th, 2019|

The potential for real estate litigation for boomerang buyers

On behalf of Thaler Law posted in business formation on Monday, April 29, 2019. When the market crashed, leading to the housing crisis that lasted from approximately 2006 to 2014, millions of people lost their homes or found themselves living in desperate financial situations due to mortgages they could no longer afford. Fortunately, the rebound in the economy means that many of these people are now financially able to buy homes again. While this is exciting, boomerang buyers would be wise to proceed with caution, taking steps to avoid future complications, including potential real estate litigation. Buying a home is an exciting step, especially for California buyers who lost their homes due to unfortunate circumstances. The origins of the housing

2019-10-30T15:15:07+00:00April 29th, 2019|

Tenants’ rights issues could lead to real estate litigation

On behalf of Thaler Law posted in business formation on Tuesday, March 19, 2019. When a Californian rents residential property, he or she has certain rights. There are laws in place that protect the interests of tenants, and they provide protections against things like invasion of privacy and other types of mistreatment from landlords. In some areas of California, however, provisions intended to help renters may actually not be helping them at all. In one town, this led to many disgruntled renters and the potential for real estate litigation. Lawmakers passed certain measures actually intended to protect the interests of renters. Landlords are now required to provide tenants with one-year leases, but there is no provision that keeps them from

2019-10-30T15:08:49+00:00March 19th, 2019|