Los Angeles real estate receivership cases involving the sale of property are complex, especially when they involve assets worth millions of dollars. Here are some of the things that a California real estate receiver can and cannot do. California law permits the sale of real estate out of receivership. California Code of Civil Procedure 568.5…
Category: Court Receiverships
In California, a receiver is appointed by the court when one party in a lawsuit files a motion seeking the appointment of a receiver. Learn more about how this process works.
All court receiverships are not created equally, but the life-cycle of a court receivership has similarities that can be seen in almost every case.
A receivership can be structured in a variety of ways based on the nature of the dispute, the goals and objectives of the parties, the type of asset(s) that will be placed under the control of a receiver as well as the ruling of the court. There are two core types of receiverships – a…
The California Code of Civil Procedure Section 564 lists many of the traditional types of cases in which receivers may be appointed. They include, but are not limited to, the following: Preservation of a common fund or property in dispute and in danger of injury or dissipation;Rents, Issues and Profits (Real Estate);Substandard Housing – The…