Dear Clients and Friends, Let’s say you’ve known for years that you are inheriting your father’s home when he dies. Hopefully, you also know that he has a will that indicates clearly that the house will go to you. Now let’s assume that your father is no longer living in the … [Read more...] about When to sell your parents’ home: The tax consequences
Real Estate
Bill pending in Congress would allow remote online notarizations
Dear Clients and Friends, A bill pending in Congress would approve the use of remote online notarizations, making it easier to close on houses even if you cannot meet in person. The measure, called the “Securing and Enabling Commerce Using Remote and Electronic Notarization … [Read more...] about Bill pending in Congress would allow remote online notarizations
Dual agents: When the same realtor represents both the seller and buyer
Dear Clients and Friends, When you sell your house, your real estate agent usually represents you throughout the process. And your agent has a fiduciary duty to you, which means he or she has a responsibility to act in your best interest. It is possible for the seller’s … [Read more...] about Dual agents: When the same realtor represents both the seller and buyer
Property division in a California Dissolution of Marriage action
Dear Clients and Friends, The essence of Community Property law concepts in California - and in other community property jurisdictions such as Alaska, Nevada, Idaho, Oregon, Washington Arizona, Lousiana and Texas - is the recognition that both spouses make valuable … [Read more...] about Property division in a California Dissolution of Marriage action
Easements
Dear Clients and Friends, An “easement” is a legal right of someone who doesn’t own a piece of property to use the property for a particular reason. Many properties have easements on them, so it’s important to know about them if you’re considering buying real estate. An … [Read more...] about Easements
Appraisals no longer on certain home sales
Dear Clients and Friends, Starting in October 2019, some home sales under $400,000 no longer require an appraisal. Previously, appraisals were not required on home sales of $250,000 and below. But federal regulators just approved a rule that will raise the threshold for the … [Read more...] about Appraisals no longer on certain home sales
