Vacation homes
This article analyzes a vacation home as §1031 like-kind property held for investment. Held for investment and personal use A vacation home, also known as a second home, is any dwelling unit, such as a house, apartment,...
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June 2008 Supreme Court Watch
Supreme Court Watch This monthly update presents real estate related issues pending before the United States and California Supreme Courts. Cases are listed by subject matter. Cases with opinions issued by a lower court and...
Read MoreBrokering Cal-32 high-cost loans
This article outlines the federal Reg. Z and California rules for brokering high-cost personal-use equity loans or refinancing secured by the borrower’s principal residence, called Sec. 32 or Cal-32 loans. Negotiating a Reg. Z...
Read MoreRegulation Z controlled lending
This article examines the content of Regulation Z disclosures and the procedures for compliance with Regulation Z. This is the second part of a two-part series discussing Regulation Z. To read the first part of this series,...
Read MoreJune 2008 Recent Case Decisions
Reported by Ai M. Kelley: Lease subordination clause reference to future mortgages includes trust deeds A tenant entered into a nonresidential lease which included a lease subordination clause stating all future mortgages placed...
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