Get the dirt on California's Grittiest Real Estate Lending and Foreclosure law blog!

Palo Alto real estate attorney Julia Wei providing commentary & insight into trends in California real estate law & lending law, mortgages & foreclosures.

Entries Tagged as 'General Contractors & Mechanics’ Liens'

Homeowner’s Contract with General Contractor Must Be in Writing—But Not Always

November 9th, 2010 · No Comments · Construction Defect, Construction Law - Remodels, Cost overruns, General Contractors & Mechanics' Liens

There are some laws that seem to be well defined, or “black letter” law. For example, California Business and Professions Code Section 7159 requires that residential home improvement contracts must be in writing. This applies to any proposed repair or remodel contract where the work will exceed $500. However, in some cases, the California courts […]

Share

[Read more →]

Tags:

Realtors(R), Homebuyers & Homeowners & Investors – new EPA rules on lead paint may affect your sale.

June 20th, 2010 · No Comments · Co-Ownership of Real Property, Construction Law - Remodels, Cost overruns, General Contractors & Mechanics' Liens, Real Estate Brokers

Effect April 22, 2010, the EPA issued a rule requiring the use of lead-safe practices and other actions aimed at preventing lead poisoning. Under the rule, beginning April 22, 2010, contractors performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 must be certified and […]

Share

[Read more →]

Tags:

The Partial Reconveyance

February 25th, 2008 · 1 Comment · General Contractors & Mechanics' Liens, Neighbors and Boundary Law, Trust Deeds

Often in a construction context, the Deed of Partial Reconveyance is required.  The most common scenario is when an owner wants to subdivide their parcel and the parcel is encumbered by a Deed of Trust. The second most common scenario is when a neighbor wants to buy some additional portion of the adjacent property, usually […]

Share

[Read more →]

Tags:

California Trust Deed and Foreclosure Investing – Do You Know What's On Record? Part III

February 23rd, 2007 · 4 Comments · Foreclosures, General Contractors & Mechanics' Liens, Trust Deeds

If you are a potential trust deed investor, or an investor looking at a California property in foreclosure, you will often look at the public record or obtain a preliminary title report. If a borrower is in financial trouble, it will be common to see items like Mechanic’s Liens, Abstracts of Judgment, or medical liens, […]

Share

[Read more →]

Tags:

Pre-foreclosure Investing and Foreclosure Sales – Do you know what's on record? Part I

February 7th, 2007 · 3 Comments · Foreclosures, General Contractors & Mechanics' Liens, Trust Deeds

With constant news reports that foreclosures are on the rise and investment gurus preaching real estate schemes, our office has been getting a lot of calls about how to buy at foreclosures.  We don’t teach how to classes on high-risk investing (we leave that to the professionals), but we can educate our clients on the […]

Share

[Read more →]

Tags:

Liens and Stop Notices, oh my!

August 25th, 2006 · No Comments · General Contractors & Mechanics' Liens

Suppose that you are building your dream home, or rather, you have engaged a general contractor to build your dream home.  As is inevitable with such a project, you may have changes that you wish to implement that differ from the original drawings.  To memorialize the cost and labor difference, the parties should have a […]

Share

[Read more →]

Tags:

Do You Know Who Has Been Working on Your Home?

August 16th, 2006 · 1 Comment · General Contractors & Mechanics' Liens

and more importantly, do you know whether they have been paid?  When a homeowner undertakes a remodel, they can decide whether to act as the general contractor themself, engaging and coordinating all the subcontractors directly, or simply retain the services of a general contractor.  When engaging a general contractor, the first step is to verify […]

Share

[Read more →]

Tags: