California Response to Notice of Title Defect by Seller to Buyer in Response to Notice
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How to fill out Response To Notice Of Title Defect By Seller To Buyer In Response To Notice?
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FAQ
Hear this out loud PauseThe 3-year statute of limitations for injury to real property in California, Code of Civil Procedure § 338(b) is another critically important statute of limitation which would apply to situations where there an injury or damage to real property occurs, as is the case where defects exist which cause damage to the ...
Every seller of real property has a duty of disclosure. Failing to disclose defects can result in significant consequences to the seller of real property. Understanding the requirements can help individuals avoid legal problems associated with defects on the property.
Hear this out loud PauseA notice to perform is an official document that requires either a real estate buyer or seller to take certain actions by a specific date to avoid the deal's cancellation. Some states require that either party issue a notice to perform before canceling a deal.
Hear this out loud PauseThe buyer is in breach of the contract. If the buyer is ?failing to perform? ? a legal term meaning that they're not holding up their side of the contract ? the seller can likely get out of the contract.
Hear this out loud PauseCompensatory Damages: The sellers could be forced to pay compensatory damages, to compensate you for any out-of-pocket costs associated with the concealed defect. These could include the cost of repair and any diminution in property value resulting from the defect.
