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Property Owning in California: What You Need to Know

real estate lawThere are so many complications involved with real estate law. Each state has its own rules regarding property law, each county seemingly has areas that you can and cannot buy in, and it often feels like each individual home has some unique factor that changes the law altogether.

Property law, no matter how you look at it, is confusing to the untrained eye. That’s why it’s imperative that when dealing with any piece of property, whether it’s buying a house, renting an office space, or struggling in the foreclosure process, consulting with real estate lawyers should be your first move. No matter where you are looking to own property — this is important. California has plenty of specific rules that lawyers and real estate agents are privy to that not every property owner knows.

For current tenants living in apartments and townhomes in California, the disclosure by the state is extremely important. California law states that landlords must provide at least 60 days’ notice to their tenant in the event of an eviction. By doing this, the tenant should have enough time to gather their belongings, plan their next step, execute their plan or fight the eviction in court.

Notification is important regarding all aspects of property ownership. For instance, there are strict regulations in California that require proper notice — as well as ample time to pay — before any property is sold in a foreclosure sale.

And for anyone planning on purchasing a home, there is other information that is illegal to be withheld from you. According to California law, real estate agents are required to disclose any information pertaining to a death that might’ve offered on the property within at least three years before the sale. Again, a reason qualified real estate lawyers are so important.

Regarding vacant properties, according to Title 10 of the California Civil Procedures Code, any abandoned property is classified as “unclaimed property.” If the property remains unclaimed for over three years, it escheats to the California government.

Contact Dijulio Law Group today to speak to an experienced professional if you have any more questions regarding California real estate.