“No lease or grant of any town or city lot, which reserves any rent or service of any kind, and which provides for a leasing or granting period in excess of 99 years, shall be valid.”
Force Majeure Provision in a Lease Does Not Apply When Tenant Has Financial Ability to Pay – Covid-19
July 10, 2023by admin
Force majeure provision in a Lease Does Not Apply where a Commercial Tenant Has the “Ability” To Meet Its Contractual Obligations But Choses Not to Perform Due To “Financial Constraints” Caused By Covid-19 And Government Regulations.
Alta Title Endorsements Requested By Lenders In Relation To Alta Loan Policy of Title Insurance
July 6, 2023by admin
Lenders request endorsements to provide insurance against matters excluded or excepted from coverage.
A Lender’s Guaranty from the Settlor/Trustee of a Trust on a Purchase Money Loan to the Trust was held Unenforceable as a Sham Guaranty
May 9, 2023by admin
The Court held that a lender’s guaranty from the settlor/trustee of the Trust on a purchase money loan to the trust was unenforceable as a sham guaranty.
Lenders May Rely on Certifications of Trust Furnished by Trustee(s)- California Probate Code Section 18100.5
May 2, 2023by admin
The trustee of a trust may present a certification of trust to a lender in lieu of providing a copy of the trust instrument to establish the existence or terms of the trust.
What You Need to Know About Electronic Signatures for California Transactions
September 24, 2021by admin
Electronic signatures are commonly used in most real estate transactions in California. The use of electronic signatures and records in transactions including real estate transactions in California are governed by two acts which came into effect in 2000.
Understanding Covenants not to Compete in California
September 17, 2021by admin
The legality and enforceability of covenants not to compete vary between contexts and states. We explain how covenants not to compete operate in California.
A forbearance agreement is an agreement that gives the borrower a specified period of time before the lender commences or exercises any of its remedies against the borrower.
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