FedReceiver, Inc. is proud to offer a new online course designed to provide commercial real estate professionals with in-depth insights into the specialized field of court-appointed real estate receiverships. This course uniquely combines the personal attention of an experienced instructor with the convenience and flexibility of online learning. Course OverviewCourt-appointed real estate receiverships present unique…
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FedReceiver, Inc. is proud to announce its Gold Sponsorship of this year’s Loyola IX Symposium brought to you by the California Receivers Forum. Our very Stephen Donell will be present as one of the panelists for the Receiver as Detective: Working With a Receiver to Uncover Fraud and Other Bad Behavior event at 10 am…
The duration of a court receivership can vary widely based on the specific circumstances of the case. I have listed just a few of the factors that can influence the length of a receivership below: Litigation Type: The type of legal case in which a court-appointed receiver is required can significantly affect its duration. Receiverships…
The administration of receivership estates takes specific skills, training, and experience. Receiverships involve litigation and oftentimes unique asset types. A good court receiver will have a good command of the applicable codes, statutes, and ordinances governing the appointment and administration process of the receivership estate. The receiver may also have requisite licenses and professional designations…
A co-owner of real estate in the State of California may seek to force a sale through the use of a partition referee. This is accomplished by filing a lawsuit for partition and seeking to have a court-appointed referee appointed by the court. It is very common for family members who inherit property from their…
In California, the court receiver is entitled to seek compensation. This is pursuant to California Rules of Court, rules 3.1183, 3.1184. Typically, the order appointing the receiver will set forth the procedures whereby the receiver may be compensated. Often, a receiver must circulate a notice of intent to pay fees along with a copy of…
In the state of California, court-appointed receivers must be qualified to serve as receivers. Pursuant to the California Code of Civil Procedure § 566(a), numerous circumstances would prohibit an individual from qualifying to serve as a court receiver. This includes a party to the litigation, an attorney for a party, or a person interested in…
In California, the legal authority for the appointment of a post-judgment receivership is contained in CCP § 708.610-708.630. The court may appoint a receiver to enforce the judgment where the judgment creditor shows that, considering the interests of both the judgment creditor and debtor, receivership is a reasonable method to obtain the fair and orderly…
A partition referee is appointed in connection with the filing of a lawsuit involving the partition of real property. After an interlocutory judgment is obtained, a partition referee may be appointed. The partition referee takes possession in order to sell the property pursuant to the court order. The partition referee must be a neutral third…