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Articles
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August 16, 2008 Court Holds That A Homestead Exemption on Property Acquired After A Judgment Is Not Applicable
In SBAM Partners v. Wang, a California appellate court held that a homestead exemption does not apply to a property acquired by a debtor after a judgment has been recorded unless it was purchased with exempt proceeds from the sale, damage or destruction of a homestead within the statutory safe harbor period.
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August 13, 2008 Law Group Raises Food for the Contra Costa County Food Bank
Shannon B. Jones Law Group participated in the Bar Association’s food drive for the Contra Costa County Food Bank in Spring 2008.
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August 13, 2008 Governor Signs Bill Increasing Fees for Unlicensed Real Estate Agents
In July 2008, Governor Swartzeneger signed SB1448. Effective, January 1, 2009, this bill doubles the fine of an unlicensed person undertaking any acts, which require real estate license from $10,000 to $20,000 and increases the fine for an unlicensed corporation from $50,000 to $60,000.
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July 30, 2008 Risk Management Seminar Regarding the Financial Crisis
Shannon B. Jones will be providing a seminar regarding issues affecting real estate professionals arising out of the financial crisis and the current market on August 7, 2008 from 12:00 p.m. – 1:00 p.m. for the Livermore Marketing Group at the Roundhouse Grill, located at 2300 First Street, Livermore, California.
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July 21, 2008 California Supreme Court Upholds an Arbitrator's Award Where He Applied Equitable Defenses to Excuse a Party From Performing a Material Condition of an Agreement
In Gueyffier v. Ann Summers, Ltd., an arbitrator applied an equitable defense to excuse a party from performing under an agreement. The decision was upheld by the California Supreme Court.
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