Recently, in RSB Vineyards LLC v. Orsi, the First Appellate District Court of Appeal confirmed the long-standing rule in California: sellers must disclose all known material matters. While this affirmed rule was not surprising, the court was very helpful in providing the first detailed framework for what it means for a seller to have “knowledge” … Continue Reading
It is well known that under California law a real estate broker may act as a “dual agent” for both the seller and the buyer in a property transaction, provided both parties consent to the arrangement after full disclosure. In such representation, a dual agent owes fiduciary duties to both buyer and seller. Pursuant to … Continue Reading
