Entries
February 2011 RCDs
By ft Editorial Staff • Feb 4th, 2011 • Category: February 2011 Journal, Recent Case DecisionsA digest of recent court cases affecting real estate.
Posts Tagged ‘property manager’
October 2010 RCDs
By ft Editorial Staff • Sep 17th, 2010 • Category: October 2010 Journal, Recent Case DecisionsA digest of recent court cases affecting real estate.
Property managers to withhold on disbursements to nonresident property owners
By Bradley Markano • Oct 16th, 2009 • Category: real estate newsflashCalifornia property managers who disburse the net proceeds from the properties they manage to owners who are not residents of California (or are entities not qualified to do business in California) must withhold 7% of all disbursements exceeding $1,500 annually. The withheld funds are to be sent to the Franchise Tax Board (FTB). Property managers [...]
Finders: a nonlicensee referral service
By ft Editorial Staff • Jul 1st, 2009 • Category: Journal Articles, July 2009 Journal, Lead ArticleThis article discusses a broker’s or his agent’s use of finders to provide them with leads to sellers, buyers, or borrowers under California and federal law.
CA jobless rate hits 1983 level
By ft Editorial Staff • Mar 30th, 2009 • Category: real estate newsflashStatewide, 116,000 jobs were cut in February, bringing the California unemployment rate to 10.5%. Reminiscent of the numbers seen during the painful 1980s recession, economists say the unemployment rate could break 11%. Until job losses stop and job growth begins, the housing market of sales and occupancies will not bottom out nor begin to recover. [...]
The Involuntary Landlords: a guideline for foreclosing lenders
By Giang Hoang-Burdette • Nov 1st, 2008 • Category: Journal Articles, November 2008 JournalThis article presents the various options a foreclosing lender has when he becomes the landlord of property occupied by tenants. A cyclically familiar scenario for mortgage lenders brought about by a recessionary market is the need to foreclose on income property secured by a loan they own. On completing the foreclosure sale, the leasehold interest [...]
Attornment clauses in nonresidential leases
By Connor P. Wallmark • Aug 29th, 2008 • Category: Journal Articles, September 2008 JournalThis article discusses attornment, subordination and nondisturbance clauses in nonresidential lease agreements, and their use by landlords and lenders to alter the priorities of leases and trust deeds. Altering priorities for lenders A lender holds a recorded trust deed lien on the fee ownership interest in nonresidential income-producing real estate. The trust deed contains a [...]
