Category: Real Estate

Land Trusts in California

In California, the general trust law is found in Probate Code §§15000-19403. There is no specific land trust statute in California, unlike the Illinois land trust law (765 ILCS 405/410/415/420), the Massachusetts business trust law (MBT) (MGLc182, §2 ) and Virginia land trust law (Va. Code Section 55-17.1). Therefore, land trusts created in California for […]

What are escrow fees?

The essential The escrow company generally acts as a neutral intermediary between all parties involved in a real estate or mortgage transaction. These parts may include: lenders runners insurance agents appraisers notaries A home loan usually involves a lot of paperwork. This is necessary to protect all parties involved, including buyers, sellers, lenders, and others. […]

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