News & Media

As residential mortgage interest rates have nearly tripled over the past 18 months, some participants in the real estate industry have been considering ways to market and sell real estate by keeping low-rate existing mortgages in place while transferring ownership of the property to a new owner or buyer.

The letter of credit has evolved from being a tool to facilitate international commercial transactions involving the sale of goods to a preferred form of collateral in a range of commercial transactions.

Developers in the State of California are well aware of the Subdivision Map Act, the Subdivided Lands Act, and the Davis-Stirling Common Interest Development Act, all of which govern the subdivision and sale of real property in California—but how familiar are developers with the Interstate Land Sales Full Disclosure Act (ILSA)?

The borrower has no post-sale redemption right in California’s nonjudicial foreclosure process.

Contracting parties build liquidated damages provisions into their agreements in a variety of contexts. 

The long moratorium on most evictions due to the COVID-19 pandemic, as well as the de facto shutdown of the court system for civil matters, caused most California landlords to defer unlawful detainer and related landlord-tenant litigation over the past two-and-a-half years.