Real estate is land and anything permanently attached to land (such as a house or a tree).
The most expensive real estate problems arise when someone transfers real estate to someone else. Regardless of where in California you live, the law requires certain things for a real estate transfer contract to be valid:
- The contract must be in writing.
- It must be signed by the parties.
- It must describe the land.
- It must have a date for the transfer.
- It must state a price.
But those requirements are just the bare minimum. The average real estate transaction has more. It might have a down payment, title insurance, seller disclosures, escrow, contingencies, inspections, and more.
Many California real estate transactions use standardized forms that are hundreds of pages long and present a labyrinth of legal terms, conditions, and disclaimers. Don’t navigate the labyrinth alone. Making sense of these complexities is what we are here for.