Probate Sales Jeopardized By State Fiscal Crisis
On April 1st, the Los Angeles Superior Court, the nation’s largest trial court system, laid off 329 employees and announced the closure of 17 courtrooms. These 17 courtrooms are countywide, within the Stanley Mosk, Clara Shortridge Foltz, Malibu, Hollywood, Santa Monica, West Los Angeles, San Fernando and Central Civil West courthouses. Fifty of the system’s […]
8 Tips for Court Sale Hearings
It is incumbent on brokers to manage the sale confirmation and bidding process, thereby easing some of the burden on the courts. Here are some key tips and reminders: Use the Probate Purchase Agreement and Joint Escrow Instructions (C.A.R. Form PPA) & pay particular attention to paragraphs 3, 4 & 5. Verify that the buyer’s […]
