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Buyer and Seller Protection Program

Providing Legal Peace of Mind for Property Owners and Buyers

A Unique Real Estate Buyer's & Seller's Legal Dispute & Resolution Service.

Provided Exclusively by Real Estate Risk Management Inc.

As a current or future owner of real property, you will most likely need legal advice in regard to the real estate you are buying or selling. Real estate agents in California cannot give you legal advice. As this may be one of the most important and expensive investments of your life, this legal service is designed to answer transactional, non-dispute related questions pertinent to the sale, purchase and/or ownership of your current transaction. These questions may arise before, during, or after the close of escrow.

Here's an example of some of the questions our real estate attorneys are asked:

• How should I take title? Is joint tenancy the best way or are there other options that might better fit my life situation?
• I am the trustee of a Living Trust. How should title to this property be held?
• I'm going through a divorce. How could this fact impact the transaction?
• What are my legal rights and responsibilities regarding the common boundary line?
• Would a 1031 tax-free exchange be beneficial to me?
• Legal advice on "short sale".
• Credit problems which affect the property.
• What are all the charges on my Closing Statement for?
• Mortgage issues.
• The seller left personal belongings on the property. What are the procedures for legally disposing of the Seller's property?
• Property liens.
• What are my options regarding foreclosure vs. bankruptcy?
• Leaseback vs. purchase.
• Demand letters.
• Mediation services.
• Small claims process.

A $50,000 Seller Protection Plan is included in the event of a claim or lawsuit with transaction coverage for six months from the close of escrow.

What if you have a dispute? How is that handled under our Real Estate Buyer & Seller Protection Plan? We believe that if the problem arises between a buyer and seller, they should have the opportunity to resolve their issues without expensive legal fees and litigation. For example, legal fees can take a $5,000 problem and turn it into a $50,000 legal bill and months of legal headaches. Our job is to find answers to these and many other property/transactional related questions, at a fraction of the cost of retaining a knowledgeable real estate attorney.

Our answer to this problem is as follows:

• We facilitate in communicating your claim to the adverse party in a dispute arising out of the real estate transaction, including sample demand letters and self-help guidelines.
• Informal mediation services provided by our Risk Managers to bring about a resolution of most disputes.
• Assistance in arranging mediations, including identifying skilled mediators, to comply with the mediation clause that might be included in your Real Estate Purchase Agreement.
• Information regarding the Small Claims Court system (when appropriate) when other remedies have not resolved the dispute.

In these litigious times, isn't it nice to know that you can be involved in a real estate transaction and have the peace of mind that this service brings? That's why this service is a valuable part of your real estate transaction.

"Discourage litigation. Persuade your neighbor to compromise whenever you can. Point out to them how the nominal winner is often the loser…in fees, expenses and waste of time."

~Abraham Lincoln, 1850