CALIFORNIA SUPREME COURT RULES THAT DUAL AGENCY CREATES DOUBLE FIDUCIARY DUTY FOR AGENTS Post published:November 28, 2016 Post category:Agency/Disclosure Continue ReadingCALIFORNIA SUPREME COURT RULES THAT DUAL AGENCY CREATES DOUBLE FIDUCIARY DUTY FOR AGENTS
WHEN A BROKER IS THE DUAL AGENT OF BOTH THE BUYER AND THE SELLER IN A REAL PROPERTY TRANSACTION, THE SALESPERSONS ACTING UNDER THE BROKER HAVE THE SAME FIDUCIARY DUTY TO THE BUYER AND THE SELLER AS THE BROKER. Post published:May 29, 2014 Post category:Agency Continue ReadingWHEN A BROKER IS THE DUAL AGENT OF BOTH THE BUYER AND THE SELLER IN A REAL PROPERTY TRANSACTION, THE SALESPERSONS ACTING UNDER THE BROKER HAVE THE SAME FIDUCIARY DUTY TO THE BUYER AND THE SELLER AS THE BROKER.
A LISTING AGENT IS NOT LIABLE TO THE BUYER FOR MAKING A STATEMENT OF FACT REGARDING THE PROPERTY THAT IS ACCURATE BUT OUTDATED. THE SELLING AGENT IS LIABLE FOR FAILING TO EXPLAIN IT. Post published:April 21, 2014 Post category:Disclosure/Fraud Continue ReadingA LISTING AGENT IS NOT LIABLE TO THE BUYER FOR MAKING A STATEMENT OF FACT REGARDING THE PROPERTY THAT IS ACCURATE BUT OUTDATED. THE SELLING AGENT IS LIABLE FOR FAILING TO EXPLAIN IT.
LISTING AGENTS MAY BE LIABLE FOR INJURIES TO PERSONS VISITING THE MARKETED PROPERTY Post published:May 13, 2013 Post category:Premises Liability Continue ReadingLISTING AGENTS MAY BE LIABLE FOR INJURIES TO PERSONS VISITING THE MARKETED PROPERTY
COURT CONFIRMS $100,000 JUDGMENT AGAINST PROPERTY OWNER WHO CUT DOWN A TREE STRADDLING THE PROPERTY LINE WITH HIS NEIGHBOR Post published:October 12, 2012 Post category:Boundary Line Disputes/Damages Continue ReadingCOURT CONFIRMS $100,000 JUDGMENT AGAINST PROPERTY OWNER WHO CUT DOWN A TREE STRADDLING THE PROPERTY LINE WITH HIS NEIGHBOR
IF A SURVEY CAN ACCURATELY LOCATE THE BOUNDARY LINE BETWEEN TWO PROPERTIES, THEN AN ENCROACHING FENCE CANNOT ESTABLISH A DIFFERENT BOUNDARY BY AGREEMENT Post published:September 27, 2012 Post category:Boundary Line Disputes Continue ReadingIF A SURVEY CAN ACCURATELY LOCATE THE BOUNDARY LINE BETWEEN TWO PROPERTIES, THEN AN ENCROACHING FENCE CANNOT ESTABLISH A DIFFERENT BOUNDARY BY AGREEMENT
AFTER JANUARY 1, 2013, HOMEOWNERS WHO REFINANCE PURCHASE MONEY LOANS AND THEN DEFAULT, WILL RETAIN ANTI-DEFICIENCY PROTECTION FOLLOWING FORECLOSURE Post published:September 17, 2012 Post category:Foreclosure/Loan Modifications/Loans/New real estate laws in CA/Real Estate Continue ReadingAFTER JANUARY 1, 2013, HOMEOWNERS WHO REFINANCE PURCHASE MONEY LOANS AND THEN DEFAULT, WILL RETAIN ANTI-DEFICIENCY PROTECTION FOLLOWING FORECLOSURE
CALIFORNIA HOMEOWNER BILL OF RIGHTS BECOMES LAW JANUARY 1, 2013 Post published:July 30, 2012 Post category:Foreclosure/Loan Modifications/New real estate laws in CA/Real Estate/Short sales Continue ReadingCALIFORNIA HOMEOWNER BILL OF RIGHTS BECOMES LAW JANUARY 1, 2013
RESPA DOES NOT PROHIBIT UNEARNED FEES CHARGED BY A SINGLE SETTLEMENT SERVICE PROVIDER Post published:June 4, 2012 Post category:Loans/Real Estate/RESPA Continue ReadingRESPA DOES NOT PROHIBIT UNEARNED FEES CHARGED BY A SINGLE SETTLEMENT SERVICE PROVIDER
HOMEOWNER WHO LOST HOME IN FORECLOSURE CAN SUE TO SET ASIDE TRUSTEE SALE IF LOAN WAS PREDATORY Post published:February 15, 2012 Post category:Foreclosure/Real Estate Continue ReadingHOMEOWNER WHO LOST HOME IN FORECLOSURE CAN SUE TO SET ASIDE TRUSTEE SALE IF LOAN WAS PREDATORY