Author Archive for: admin

R.E.A.C.H. August 2008: Disguised Option Agreements

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: When does an option to purchase real property become an enforceable contract of sale? Can an option agreement be unilaterally cancelled?

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. July 2008: Mandatory Mediation Enforcement

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: Most residential purchase agreements contain a mandatory mediation agreement. California courts have upheld this provision, and the resulting waiver of the right to recover attorney fees for breach.

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. June 2008: California Solar Rights Act

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: Seeking to promote the use of solar energy in California, the Legislature passed the California Solar Rights Act in 1978. This Act has recently received a lot of public attention, both in court and out.

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. May 2008: When Do Real Estate Agents Become Contractors?

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: Often in the sale of real property, money is held back in the transaction to be used to complete certain repairs to the home. If the real estate agent takes charge of organizing the repairs and paying the contractors, does the agent become a contractor herself?

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. April 2008: Progress Payment Penalty Statutes

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: The California Court of Appeal has held that the “final payment” owed to a contractor is not a “progress payment,” the improper withholding of which would entitle a contractor to progress payment penalties. How does this impact contractors and property owners?

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. March 2008: Recovering Attorney Fees

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: Most real estate purchase agreements contain some form of prevailing party attorney fees provision. Understanding how those provisions work, and the pitfalls associated with them can enhance a litigation negotiation position significantly.

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More

R.E.A.C.H. February 2008: Equity Home Sales Bond Requirements

[vc_row][vc_column width=”1/1″][vc_column_text]

THIS ISSUE: Home Equity Sales involve a number of statutory require‐ ments. But a recent court decision has potentially eliminated the bond requirement we discussed in the June 2007 R.E.A.C.H. issue.

[/vc_column_text][thb_gap height=”20″][vc_column_text] Read More