Facts: Residents of a mobilehome park formed a nonprofit corporation and purchased the park. Each resident owned a mobilehome and the exclusive right to occupy the space through membership in the corporation. A resident later sold their mobilehome and membership interest, triggering reassessment of the space sold.
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Worried a lis pendens will lock your deal in a legal stalemate? Learn how to navigate the lis pendens and ensure your deal closes smoothly.
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Facts: Two lenders funded the payoff of debt secured by a first and second trust deed on a property. On funding, the lenders recorded two new trust deeds on the property. The lenders expected the trust deeds to have the same priority on title as the trust deeds satisfied using the proceeds of their loans.
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A property owner was granted an appurtenant easement over their neighbor’s property. The deed which granted the easement did not state the precise boundaries of the easement.
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