Posts

ruth-ryan-cruz-law-san-diego-business-wills-trusts-contracts-lease-review-FAQ-covd

Amid COVID-19, Are Real Estate Matters Moving Forward?

As COVID-19 unleashed a health crisis on an international scale, an economic crisis has also occurred and has impacted every single Californian/American. While COVID-19’s stay-at-home orders and social distancing requirements are still in place in Southern California, questions concerning legal matters have continued well through March, April, and May, 2020. These are some of the most frequently asked questions:

Question: Are estate real estate matters moving forward?

Answer: Yes, the real estate industry managed to quickly adjust to new guidelines and measures in order to avoid interruptions. Here are a few issues and matters that have come across our desks the last few months:

  • My landlord is not providing much financial relief during COVID-19. I have lost my job and wasn’t able to pay rent the last two months and is now threatening eviction. Can he do that? What can I do?
  • I’m in the process of buying a house but was presented with a new Coronavirus CAR form. Are you familiar with that? Can you help explain?
  • I need my contract reviewed. My landlord is amending the lease amid COVID-19 and is adding new protections and releases from liability. Do I have to sign this agreement amendment?
  • I’m selling a property and the buyers want an extension to the escrow process as there have been delays in having them sell their house. Can you help navigate the process?
  • I’m acting as a trustee in a trust administration amid COVID-19 and need to sell a house. Is this a good time to sell?
  • I’m buying an investment commercial property and need help with the buying process as well as help establishing an upcoming landlord-tenant relationship with my prospective tenants. Can you help?
  • Our organization is receiving a property from a non-profit organization.  They are out of state. Can you help  us with the process?
  • A friend of mine and I purchased a property together a few years ago. Now we want to go our separate ways, but I want to keep the property. Can you help?
  • My spouse lost their job and I don’t think we can continue with our mortgage responsibilities. Can you help us with some options?
  • I’m looking to protect myself when purchasing a new investment property. Can you help?
  • I currently own seven different investment properties. With stay-at-home orders, we are concerned a tenant will have habitability issues. We’ll need some guidance. Can you help?
  • Our HOA has imposed new regulations amid COVID-19 which I believe are excessive and are not really necessary in light of COVID-19. What can be done?
  • With stay-at-home measures in place, our condominium has experienced more people at home and thus more use of utilities. Those utilities are impacting my home and causing damage. Whose responsibility is it to repair?
  • My homeowner’s association has called me in to an HOA hearing via Zoom. Is that legal? Can I delay my appearance? What are my options?

Clearly these are paraphrased but this is a brief, incomplete list of the legal inquiries that have come through this law firm amid COVID-19. Some have experienced urgent real estate law needs amid COVID-19 while others needed general guidance for months-long processes.  If you need help with real estate law matters, call in and let’s determine how this office can help.