Purchasing a Bootleg Unit
They have many names: “converted garage,” “illegal unit,” “bootleg unit,” or “unpermitted unit,” but they’re all the same. There are many units in the City of Los Angeles and surrounding cities that are not actually permitted by the local government authority. In particular, the unit does not have a certificate of occupancy which means that […]
Real Estate Salesperson Owes Same Duty to Buyer and Seller When Broker Represents Both
A recent California decision found that a real estate salesperson representing a buyer or seller has the same duty as the broker who represents both the buyer and seller. This could happen when a broker represents both the buyer and seller but two separate salespersons actually represent the buyer and seller. In this case, both […]
Transfer Disclosure Statement Required for Mixed Use Properties With Four or Fewer Residential Units
A recent California decision found that a Transfer Disclosure Statement that is required on all sales of properties with four or fewer residential units also applies to a mixed use property that has four or fewer residential units. Richman v. Hartley provides further guidance when a Transfer Disclosure Statement is required for the sale of real estate. […]
