Can a Seller Stay in the Home After Closing?
A seller can remain in the home after closing when the buyer and seller agree to a post-closing possession arrangement. Instead of delivering possession when escrow closes, the seller is…
Guides for home sellers navigating California disclosure requirements, property-condition issues, final walkthroughs, problems discovered before closing, seller proceeds, transfer of keys, and possession after the sale.
A seller can remain in the home after closing when the buyer and seller agree to a post-closing possession arrangement. Instead of delivering possession when escrow closes, the seller is…
In a typical California home sale, the buyer receives the keys when the purchase agreement says possession is delivered. When possession is due at close of escrow, that is generally…
In a California home sale, the seller generally receives the remaining sale proceeds after escrow confirms that the transaction has closed and the required disbursements can be made. In many…
A problem discovered during the final walkthrough does not automatically cancel the sale or give the buyer a new inspection contingency. What happens next depends on what the buyer found,…
The final walkthrough gives the buyer one last opportunity to verify the home’s condition shortly before closing. The buyer is generally checking that the property has been maintained, agreed repairs…
The answer depends largely on when the death occurred and whether the buyer asks about deaths on the property. California Civil Code §1710.2 draws an important three-year line. An occupant’s…
A Natural Hazard Disclosure, often shortened to NHD, identifies whether a California property is located within certain officially mapped hazard areas, such as specified flood, fire, earthquake-fault, landslide, or liquefaction…
In California, previous water damage can be relevant to a seller’s disclosure obligations even when the original leak or moisture problem has been repaired. That does not mean every minor…
In many residential sales, the seller must provide written disclosures about known property conditions and other facts that may materially affect the property’s value or desirability. California’s disclosure system commonly…