Buying a property is strewn with pitfalls for the unwary. Thankfully, California state law makes it obligatory for sellers to disclose specific things to a prospective buyer. Sellers of real estate must complete a Transfer Disclosure Statement. It allows you as a...
Year: 2021
What do sellers need to tell you about when you buy a house?
When you considering a big purchase, you need to be able to make an informed decision. Knowing all of the important details is crucial, especially if you plan to buy real estate. When purchasing a home, you need to know about any issues with the space that might...
How do you recover damages after a breach of trust in California?
When you create a trust, you appoint a third party called a trustee to manage the assets in the trust on behalf of your designated beneficiary. Your appointed trustee must abide by the rules of the trust and act in the best interest of the beneficiaries. Fiduciary...
How real estate non-disclosure claims protect buyers
When buying real estate, it's important to remember that some people may not be fully honest with you during the process. The ultimate goal of a property owner and their agent is to sell the property. Therefore, you need to exercise caution when any...
Why are business partnerships so difficult?
Most entrepreneurs have entered into a business partnership at one time or another, or at least entertained the idea. Sadly, despite the best of intentions on all sides, these arrangements often fail. Common pitfalls of entering into a partnership Some of the factors...
When your corporate trustee fails to properly handle trust assets
Those with large or long-lasting trusts may realize that an individual trustee is not the best solution for their needs. Instead, they may benefit from hiring a corporate trustee. There is a long list of reasons why people turn to businesses to manage a trust. The...
What can you do if someone is about to sue your business?
Running a business is full of constant challenges. However, there is a difference between a challenge that requires your blood, sweat and tears and legal trouble that comes suddenly and unexpectedly. Unfortunately, you put yourself in the line of fire when you start a...
What is investment fraud, and what can you do about it?
As an investor, there is one thing you should watch out for. That thing is investment fraud. When you trust your money in the hands of a stockbroker or investment firm, you expect them to do what’s right for you. Stockbrokers and investment firms have regulations that...
When do issues with a supplier become business fraud?
Finding suppliers that offer quality products or materials at a price that still allows your company to profit often requires a lot of networking and research. When you do finally connect with a supplier, you will likely expect them to live up to their reputation....
What is the best possible resolution to a breach of contract?
If a supplier, service provider or employee violates their contract with your company, there could be financial consequences. The nature of the breach and the relationship with the person or business who did not fulfill their obligations to your company will impact...