When disputes arise in real estate transactions, remedies may go beyond monetary compensation alone. The injured party may seek a remedy known as “specific performance” when a party fails to fulfill their obligations under a real estate contract. This legal concept, applied in California and other jurisdictions, compels the defaulting party to fulfill their contractual […]
In California real estate, the role of a real estate agent goes beyond mere facilitation of the transaction but carries a significant responsibility to ensure transparency, fairness, and informed decision-making for both buyers and sellers. One fundamental aspect of this duty is the obligation of real estate agents to disclose reports that are in the […]
The signing of a sales contract in real estate transactions is a defining moment establishing a legal commitment between buyers and sellers. However, there are limitations to the seller’s ability to cancel a sales contract in California real estate and the law stipulates these scenarios. This article will delve into these situations. The Sales Contract […]