In late 2010, the First District Court of Appeals in California ruled against borrowers who sought to allege fraudulent misrepresentation against a lender who intentionally misrepresented their income in a loan application, and ultimately they could not afford to repay the loan. The Court based its ruling in part on a finding that there is… Continue Reading
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The Real Estate & Environmental Law Blog aspires to inform the California building and real estate industry about commercial real estate legal developments, recent deals, new projects and the status of the national and regional real estate market. The blog’s objective is to serve as a forum to discuss real estate developments, litigation, regulations, policy and trends.