BPO series: Different types of estates and ways to divide their ownership
This series showcases the fundamental real estate knowledge needed by a DRE licensee to develop a Broker Price Opinion (BPO) to be handed to a client.
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Author: Robin Jennings
Is an insurer liable when an owner is covered for loss of business income due to a virus and operations are suspended during the COVID-19 lockdown?
John’s Grill v. Hartford Financial Services Group, Inc.
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Will the transfer of real estate from a corporation to a trust vesting trigger reassessment of the property when all the stockholders do not receive equal proportional beneficial interests in the trust vesting?
Facts: A corporation transfers ownership of real estate to a trustee of a trust. The beneficiaries...
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Is an insurer liable for loss of a tenant’s business income when operations are suspended due to the COVID-19 lockdown?
California Supreme Court holds the insurer is not liable for lockdown income loss.
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May an HOA trim trees on a parcel within the HOA when its CC&Rs do not include a tree-cutting provision while other parcels do have a provision?
In re: Colyear v. Rolling Hills Facts: A homeowners’ association (HOA) wants to trim trees on a...
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