Getting to know Real Estate Law of California

Real estate law of California states that California Real Estate market is one of the fastest paced and vibrant in the world.

Beverly Hills, CA (prHWY.com) March 1, 2012 - Real estate law California states that California Real Estate market is one of the fastest paced and vibrant in the world. The Great Economy of California if you invest on a California real estate, you will become part of the booming economy of the state. For the year 2005, the GSP of California has reached up to $1.62 trillion. This is a great opportunity which investors should not miss. The GDP of the state ranks as the eighth largest around the globe. This is because of its important economic regions like; the central valley of California which is home to its agriculture, the Silicon Valley, and the regions of the state which highly produces wine. The Rich Geography of the State California has various geographic locations like; beautiful beaches, snowcapped and coastal mountains, fertile valleys, rivers, lakes and thick forests. Because of the magnificent beauty of the state, it is known as one of the most famous tourist destinations.

Real estate law California involves a number of possible legal causes of action, including breach of contract, specific performance, and partition, real estate fraud, quiet title and boundary disputes. How do you know which causes of action are applicable to your real estate lawsuit and what do these different legal terms actually mean? One of the most common causes of action in a real estate lawsuit, both in California and nationwide, is breach of contract. Oftentimes two parties will have either a written or oral agreement that governs their business dealings together. This is because the law presumes that real property is unique and damages are not sufficient to make a party whole. Federal and California laws prohibit home sellers and landlords from discriminating on the basis of race, color, religion, sex, marital status, national origin, ancestry, familial status, or disability. Discrimination for other arbitrary reasons such as sexual orientation or political affiliation also is prohibited. Landlords may not discriminate against people with children unless the building is intended to provide housing for elderly persons. In order to qualify as a building for elderly persons, the building must meet additional requirements, such as operating under a state or federal program specifically designed to assist the elderly, or offering significant facilities or services designed to meet the needs of the elderly.

States like California have additional statutes and laws which apply specifically to real estate transactions and real estate lawsuits.

###

Tag Words: real estate lawyer

Categories: Legal

Press Release Contact
8200 Wilshire Boulevard
Suite 224
Beverly Hills, California
90211
Office: (323) 556-0655
Fax: (323) 617-4499

Link To This Press Release:

URL HTML Code