Real Property Law
Cal. Real. Prop. Journal VOL. 40, NO. 3, 2022
Content
- 2022-2023 Executive Committee of the Real Property Law Section
- 2022-2023 Public Law Executive Committee
- BEHIND THE WORDS OF THE CALIFORNIA ASSOCIATION OF REALTORS® RESIDENTIAL PURCHASE AGREEMENT: LEGAL AND PRACTICAL CONSIDERATIONS
- How Public Agencies Can Reduce Blight and Generate Revenue With Civil Litigation
- Inside This Issue
- Letter From the California Real Property Editor
- Letter From the Public Law Section Chair
- Letter From the Public Law Section Editor
- Moncharsh and the Risk of Arbitration
- Public Law Case Updates
- Public Law Editorial Board
- Public Lawyer Spotlight: Charles Bell, Jr., City Attorney For the City of National City
- Real Property Editorial Board
- U.S. Supreme Court Issues First Amendment Decisions Impacting Sign Regulations and Flag Policies
- Recent Rpls Enews Articles
RECENT RPLS ENEWS ARTICLES
(PARTIAL AND REDACTED)
The California Insurance Crisis. By Kimberly Lilley, Esq.:
For Those Who Are Not Aware, the California Insurance Market Is in Crisis. Common Interest Developments (CIDs), Most Commonly Condominiums, Are Not Only Paying Impossible Premiums for Property Insurance, but Some Cannot Get Coverage AT ALL, or Not to the Full Coverage Requirement in Their Conditions, Covenants and Restrictions (CC&R). This Puts the Boards of Directors in Direct Violation of Their CC&R, and Therefore at Heightened Risk for a Claim on Their Directors & Officers Liability (D&O) Policy (Professional Liability Coverage for the Decisions Made – and Not Made – by the Association’s Board of Directors). …
Choosing Not to Insure Brings with It Not Only the Increased Risk of D&O Claims Already Mentioned, but Also a Lack of Financing for Those Looking to Buy into the Association. Fannie Mae and Freddie Mac Notoriously Have No Desire to Back Loans Where an Association Is in Violation of Their Governing Documents, ESPECIALLY the Insurance Provisions. …