An absentee owner of a property in a common interest development (CID) managed by a homeowners’ association (HOA) rents out their property to short-term vacation renters.
A homeowner obtains a purchase-assist mortgage and later defaults. The mortgage holder begins foreclosure and eventually records a notice of trustee’s sale (NOTS), after which a new servicer takes over the mortgage.
A California court of appeals holds the owner of real estate properly conveyed their parcels to a trust since the owner’s written declaration is sufficient to convey property to the trust, thus protecting its assets from the lender.
A city enacts a housing ordinance requiring 15% of all new residential development projects with a minimum of 20 units be sold at prices suitable for low- or moderate-income buyers.
An owner enters into a permanent mortgage modification agreement with a mortgage holder. The mortgage holder issues a statement stating it will no longer honor the agreement.
An owner of an upstairs condominium unit replaces their carpet without obtaining the approval of the homeowners’ association (HOA). The HOA requests an ADR for the owner modify the flooring to remain consistent with HOA rules.
A homeowner and mortgage holder verbally agree to postpone a trustee’s sale while negotiating a mortgage modification.
A county reassesses a property after the discovery of a sale made after a lease extension. The county requires the tenant to pay the property taxes, and tenant wants a refund.
A landlord files a notice of intent to withdraw property from the rental market with the local rent board.
An investor purchases an income property encumbered by multiple mortgages, then files for bankruptcy.