Financial Counsel by Eccleston Law: Eccleston Law Investigates ...

It turns out the most problematic offered by SCI is the SCI Capital Group Mezzanine Fund. This Fund invested in unsecured loans to SCI and its affiliates. The Fund, however, did not invest in real estate. The loans appear likely to be discharged by SCI?s bankruptcy filing. Further, SCI?s tenant-in-common (TIC) real estate investments have been negatively affected by the collapse of the real estate market. This is a strong indicator of a complete loss for the investors who invested in TIC.
Source: typepad.com

Video: Law Videos ? Real Estate Law ? Chapter 1

City establishes website for those interested in purchasing city

The goal of the website is to assist in the reduction of blight, a goal for which other efforts are being made. Among them are a new land disposition policy which establishes clear rules for selling land to developers, individuals and community groups. A comprehensive plan is still in the works though, which will have to deal with over 40,000 abandoned properties in the metropolitan area. Roughly one-quarter of those abandoned properties belong to the city.
Source: philadelphiarealestatelaw.com

3 Ways a Tenant Can Break a Lease

Again, state laws dictate when a tenant can break a lease because of a landlord?s actions or inaction. Violations of health and safety codes ? for example, no water, no heat, or a roof that?s about to collapse ? can lead to ?constructive eviction,? when a tenant has no choice but to move out.
Source: findlaw.com

In Flanders Fields : Forrester on Real Estate Law

Kevin K. Forrester is a lawyer in solo practice with over 20 years civil litigation experience as a trial lawyer, arbitrator, and mediator of litigated and pre-litigation civil, real estate and real property disputes, over 25 years real estate practice?
Source: forresteronrealestatelaw.com

Calgary Commercial Real Estate Brokers

When there is an expert on hand for the deal, you are less likely to end up in debt. Buying a shoddy building or moving to a location that is bad for business will lead to massive costs. These costs are hard to get back out of, whether you buy or lease space. The overhead for your operation will come way down if you buy assets that do not develop into profitable opportunities. If they lose value over time, you may end up selling for less than what you paid. You will also sink money each month into the toxic asset. To avoid this nightmare scenario, contact reliable Calgary commercial real estate brokers. They will guide you in the right direction.
Source: outlawsocial.com

Civil Code 1368 was Amended to require HOA documents fees to be Reasonable

Beginning January 1, 2012, a recent bill (771) amended Civil Code Section 1368 regarding ?a homeowner?s association (HOA) fees for governing documents. ?The law requires the HOA, upon written request, to give an estimate of the fee for providing a prospective buyer with the governing documents of the common interest development and other required HOA disclosures.? The fee must be reasonable based upon the HOA?s actual cost for procuring, preparing, reproducing, and delivering the HOA documents.? If the fee is paid, the HOA cannot withhold the required HOA disclosures. ?The law was intended to prevent an HOA?s third-party document preparation company from bundling together both mandatory and non-mandatory HOA documents, and charging a higher fee for providing all the documents.? The HOA is also prohibited from charging additional fees for electronic delivery of HOA documents.? Additionally, at a buyer?s request, the HOA must provide 12 months of approved minutes of the association?s board of directors meetings (excluding executive sessions).? Delivery of the required HOA documents must be accompanied by a cover sheet itemizing the documents required by law and those which were provided. ?See Civil Code Section 1368 and Section 1368.2 for the full text.
Source: wordpress.com

Free Legal Question: Real Estate Law

My son passed away and had some real property in his name. It was deeded to him because his father had thousands in medical bills and was afraid the state was going to take it. My sons grandfather has power of attorney for his dad and has hired a lawyer to put the property in his name. I don?t want anything to do with the grandfather. What if I refuse to sign the documents to put it in my name and the grandfathers? Can he go behind my back and put it in his name only? He is trying to do this so he can sell it. I don?t want to sell it. Help
Source: lawguru.com

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