The adult child of a commercial property owner forges the owner’s name and obtains a mortgage secured by a trust deed on the property without the owner’s knowledge.
An owner of a commercial property pays all operating costs and property taxes from the property’s rental income.
A homeowner obtains a mortgage secured by a trust deed on their property which is subsequently assigned to a new mortgage holder.
Facts: A property owner’s neighbor places portable patio furniture on a portion of the owner’s property, believing the portion of property is their own. The owner, aware of the neighbor’s encroachment, allows the neighbor to continue using the land without restrictions. More than three years later, the owner sells their property to a new owner.…
A borrower defaults on a mortgage secured by a trust deed on an income-producing parcel of real estate, portions of which are unimproved and vacant. The mortgage holder files a judicial foreclosure action.
Facts: A property owner records a parcel map of their undeveloped land showing one lot. The county tax assessor divides the owner’s land into two lots on the assessor’s map used for tax assessment purposes. The county bills the owner for both lots on the assessor’s map and the owner pays the tax for both…
The U.S. Supreme Court rules on whether housing agencies are liable for disparate impact, regardless of intent, according to the federal Fair Housing Act.
Facts: A developer owns a vacant parcel of land next to a highway and submits a proposal for a development project to the city. The city has plans to reconstruct the highway, which requires the acquisition of a portion of the developer’s land. However, the city’s highway reconstruction project is postponed due to lack of…
A property owner dies. The property owner’s will grants their spouse a life estate with a power of sale in their separate property, providing the spouse the right to occupy the property for the duration of the spouse’s lifetime.
A buyer purchases an SFR, occupies the property and begins renovations. Several months later, the buyer discovers the seller misrepresented the property prior to closing the purchase agreement.