townhomes: Condos in California are about to explode - the sad truth
- 05/12/08 09:51 AM
I have been in this industry a long time. I wondered how long the No Doc loan scam was going to take before it exploded. And, when it did, wow! Condo/PUDs are next in my opinion. Forever, the law requires the seller to provide all the disclosure documents as required by California Civil Code 1368. One of those requirmenet is a resonably competent analysis of what items in teh common area are going to require repair and replacement in the future. Obviously, all of them. And, it is suppoed to be based on an analysis of WHEN it has to be … (1 comments)
Guy Berry is a frequent expert witness in real estate litigation and an accomplished trainer in real estate law and contracts. In addition he has been licensed for 30 years as an agent and managed large offices, including Coldwell Banker and Century 21.
I have been in this industry a long time. I wondered how long the No Doc loan scam was going to take before it exploded. And, when it did, wow! 
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