Castro Valley Commercial Real Estate Lawyers

Castro Valley Commercial Real Estate Lawyers, CA

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Commercial Real Estate Law in California

In Castro Valley, California, "commercial real estate" is any form of land or building which is utilized for a business, as opposed to residential, purpose.

The laws regulating real estate in Castro Valley, California apply differently when dealing with commercial, as opposed to residential, real estate.

Buyers and renters of residential property enjoy some pretty substantial legal protections, because the law of most states presumes that shelter (being necessary to survive, for the most part) is more important than business. Therefore, many of these consumer protections don't apply to commercial real estate.

Several of the protections that don't apply to commercial property include warranties of habitability, rent control, and warranties of quiet enjoyment. There are others, as well. The most general protections, nonetheless, apply to buyers of both residential and commercial real estate, including remedies for fraud and concealment of physical or title defects.

Common Commercial Real Estate Law Issues in Castro Valley, California

Financing: The majority of small business owners in Castro Valley, California probably can't afford to buy much real estate outright, with cash paid up front, so most small business buy commercial real estate with a mortgage. A mortgage is a loan taken out for the purpose of buying real estate, using that real estate as collateral for the loan.

Concealment of Defects: if the seller of commercial property acts to conceal a significant defect in the property, and then sells the property, he will be responsible for any harm this defect cause, as well as the reduced value of the property, or the cost of repair.

Duty to Inspect: Lest you believe that the duty to disclose defects relieves any duty of diligence on the part of the buyer, the law will not reward such lapses with a major cause of action. Buyers have a duty to conduct a reasonable inspection of the property before they buy it, typicallyy with a licensed building inspector. If the buyer fails to do this, they won't be able to recover any damages for defects which they could have discovered through a reasonable inspection.

Encumbrances: An encumbrance is any interest held in a piece of property by a party other than the seller and the buyer. These property interests might make it very challenging for the buyer to use the land as they intended when they bought it. A typical type of encumbrance in Castro Valley, California is the easement. An easement is some right that a third party has in a piece of property. For example, suppose that, many years ago, a neighbor adjacent to the land you want to buy, paid a previous owner for the right to cross his land to reach a public road. Unless the agreement states otherwise, this right will usually apply to subsequent owners, and has to be honored. Therefore, it might interfere with the intended use of the new owner.

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Can a Castro Valley, California Attorney Help?

These issues can be very complicated, and most people consider such financially-weighty decisions to be very important. If you are one of those people, it's a smart move to contact a Castro Valley, California real estate attorney if you are facing any of the issues discussed above.

116 Real Estate, Housing & Property Law cases posted to LegalMatch lawyers in Castro Valley

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Life in Castro Valley

Castro Valley, California is situated in Alameda County in the Bay Area.  With its population of over 61,000, it is one of the largest unincorporated areas in the entire state.  The economy of Castro Valley had its early foundations in chicken ranching, with several industry innovators in the city.  Today Castro Valley is favored as a commuter town due to its proximity to metropolitan areas like San Francisco and San Jose.

Castro Valley Boulevard is the hub of economic and social activity in the city.  The area contains many old-style boutique shops and diners, as well as modern establishments.  Castro Valley is also well known for its florist shops, where patrons can purchase unique floral arrangements.  Much of the city is comprised of hilly areas like Palomares Hills Park, which offers a breathtaking view of the city.

Popular attractions in Castro Valley, California include bowling at Castro Valley Bowl, miniature golfing at Golden Tee, and activities at the Castro Valley Community Center.  Castro Valley hosts city events like the Fall Festival, the Classic Car Show, and a Rodeo Parade which has featured dancing horses.  The Adobe Art Center also offers instructional courses and showcases art exhibits from local talent.

Lawyers in Castro Valley, California represent clients in many types of legal matters and issues.  Many Castro Valley cases are filed at the Superior Court of California, County of Alameda located near the city.  Many Castro Valley attorneys actively contribute to the community through local groups and civic organizations.

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