What Should Small Condominium HOAs Avoid?

What Should Small Condominium HOAs Avoid?

We tend to think of HOAs (Home Owner Associations) as governing bodies for newer subdivisions and large developments with shared amenities and costs. In these places, HOA membership is mandatory for homeowners, as are monthly dues. HOA dues are disclosed when...
What is Title Fraud?

What is Title Fraud?

Just like cars, homes have titles which are documents showing proof of ownership. If you are making mortgage payments and do not yet fully own your home, the title is held by the lender. When you make the final payment, the title to your home will belong to you. When...
New Commission Rules for Real Estate Buyers and Sellers

New Commission Rules for Real Estate Buyers and Sellers

A huge jury verdict recently happened which will dramatically alter how home buyers, sellers and their agents deal with real estate commission payments. The changes will impact you if you are buying or selling a single-family home. Knowing how to navigate the new...
To Divide a Co-Owned Property, a Partition Action Is Required

To Divide a Co-Owned Property, a Partition Action Is Required

Gary and Stephanie’s mother died and left them the family home, a modest ranch-style house on nearly an acre in a California suburb. The home needed work, but the property also contained a newer 2-story building with a shop space below and small apartment...
JOINT TENANCY VS. TENANCY IN COMMON

JOINT TENANCY VS. TENANCY IN COMMON

Rights and rules about shared property: Protecting your rights is a serious consideration when entering into a shared property agreement. While joint tenancy and tenancy in common are often confused, there are distinct advantages and disadvantages with each. To make...