During his extensive practice of law, San Diego lawyer Charles Richmond, has represented over 6,000 people in situations just like yours. Mr. Richmond always embodies high legal standards to promote favorable outcomes for his clients. Call us to schedule an appointment with Attorney Richmond today at 858-558-4600.
In a deal worth hundreds of thousands or even millions of dollars, it’s important to remember not to be penny-wise and pound-foolish. Most real estate transactions go smoothly, but the ones that don’t can end up in court for years and erase any profits you made from your investment.In any real estate transaction, it’s important for both buyers and sellers to verify whether the title is clean.
Collection cases are brought to enforce payment of an unpaid debt, but they are rarely simple even when the debt is clearly established. The first hurdle to clear is ensuring that a collections action is filed in a timely manner. Depending on the type of debt, the length of time to file an action may vary in both actual length and whether it is counted from when the debt is first incurred or the last payment was made.
Easements are grants of a right to use a portion of a property for a limited use. The most common examples are easements granted for the placement of sidewalks, road signs, overhead power lines, or a driveway to access an adjoining property with no direct connection to the public road. Many easements are clearly recorded in a property’s deed or other legal instruments and are clear to any future purchasers of a property.
Construction projects involve a complex web of contracts between multiple parties, numerous government regulations, and huge sums of money. Even when all involved parties make honest efforts to live up to their end of the bargain, problems can arise from weather, job site accidents, supply disruptions, or other unexpected complications.
Construction defects can lead to a wide range of problems including leaks, structural issues, and failed building inspections. The key to resolving these disputes is determining whether the building owner is just subjectively displeased with the work performed or whether it was objectively poor. Objective indicators include obvious defects such as leaks.
Real Estate Finance
Most real estate transactions involve financing of some sort. Few sellers can afford to pay cash outright. Before entering into a financed real estate transaction from either side, it’s important to fully understand the ramifications of any financing agreements. How the property is financed can have a huge impact on how likely the deal is to close.
Judicial and Non-Judicial Foreclosures
If a property buyer defaults on mortgage or deed of trust payments, the lender generally has the right to foreclose on the property. While the most basic consideration is whether the borrower made timely payments to the lender or actually defaulted as specified in the contract, there are another of other issues that may provide a defense to a foreclosure or entitle the borrower to damages.
Article II of California’s Constitution sets limits on the amount of interest lenders can charge. Loans for personal, family, or household purposes cannot have an interest rate higher than 10 percent. Loans for home purchases and home improvement are capped at the greater of 10 percent or five percent over the Federal Reserve rate.
Administrative law covers a wide range of proceedings falling outside of the court system. Even though the courts may not be involved, these proceedings should still be taken seriously. Administrative bodies have been given broad powers to issue fines and suspend professional licenses, such actions could mean the loss of a livelihood.
Zoning and Land Use
Personal injury claims often have a negative stigma thanks to abusive claims of back pain or other soft tissue injuries. However, this should not deter you from bringing a court case if you actually have been seriously injured in an accident. When you have suffered a real injury through no fault of your own, you have an absolute right to receive full compensation.