December 26, 2006

ALL THAT GLITTERS IS NOT GOLD


Some types of real estate litigation would be significantly reduced if disclosures required by California statutes were made consistently by sellers, lessors, lessees or lenders. The Department of Real Estate has provided a handy compendium of the required disclosures in a publication aptly titled, "Disclosures in Real Property Transactions." The publication is available on the Department of Real Estate's website. If you are negotiating a transaction and are concerned that the other party is not telling you what you are entitled to know, check the publication. Either it will help you get the information . . . or help you decide to deal with someone else.