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News & Thought Leadership

what is a power of attorney

What is a Power of Attorney?

A power of attorney is a written instrument that enables a person or an organization (the “principal”) to delegate to someone trustworthy (the “agent” or “attorney-in-fact”) the authority to do certain things on the principal’s behalf, such as manage property or make decisions relating to healthcare. For instance, a business might assign power of attorney […]

What is a Subordination Agreement?

Put simply, a subordination agreement is a legal agreement which establishes one debt as ranking behind another debt in the priority for collecting repayment from a debtor. It is an arrangement that alters the lien position. Without a subordination clause, loans take chronological priority which means that a deed of trust recorded first will be […]

Dealing with Abandoned Property After Foreclosure

California landlords must follow very specific steps before disposing of property that is clearly abandoned, left on real estate which has been the subject of court proceedings such as eviction or foreclosure, or otherwise left behind.  Following the statutory procedures relating to abandoned property protects landlords from potential liability for an improper “conversion.” Former tenants/owners […]