Blog Archives

Why the Appraisal Contingency Matters?

A few years ago, Schorr Law’s lead trial attorney, Zachary Schorr was quoted in an article entitled “An Appraising Eye”, which was included in a new home buyer’s guide. The article talked about the importance of the appraisal in the home buying process. We now would like to focus on why the appraisal contingency matters. An appraisal contingency is a condition in a typical real estate contract that allows the potential buyer of the property to back out of the transaction if the property does not appraise at the purchase price. For example, consider the following scenario: Buyer agrees to buy a property for $1 million Buyer has $200,000 for a down payment Buyer’s lender will only lend buyer 80% of the purchase price, buyer

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Posted in Contingencies, Contracts/ Agreements, Purchase and Sale

How To Resolve Property Value In Partition Cases

With real estate prices steadily rising in the Southern California and Los Angeles markets, we are seeing more and more disputes between certain property owners who wish to sell a parcel of property and their co-owners who do not wish to sell.  In that circumstance, the owners who wish to sell often bring an action for partition.  Partition is the court-aided process whereby a co-tenant forces the sale of real property when the other co-tenant does not want to sell.  However, we often advise our clients to first attempt to reach an informal agreement before pursuing a court ordered judgment.  In this blog post, I will detail the general framework we follow in pursuing an informal agreement between co-owners of property. Logically, the sticking point

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Posted in Partition

Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Super Lawyers

Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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Avvo Clients’ Choice Award Recipient

Zachary Schorr Avvo Client's Choice Award