After a shopping center tenant (Tenant) defaulted on a secured loan, Lender took possession of the premises through foreclosure. Shortly thereafter, Lender transferred its interest to Third Party, who later stopped paying rent and surrendered the premises. Landlord sued Lender and Third Party to...

Hovannisian v First Am. Title Ins. Co. (2017) 14 CA5th 420, reported at 40 CEB RPLR 122 (Sept. 2017), concerned the liability of a title company under a lender's title insurance policy that had failed to mention an existing mortgage on the property securing the loan — an omission apparently...

Commentary on a recent California supreme court decision determining that in lieu fees charged under an affordable housing program came under the statute regulating monetary exactions rather than the one covering land use regulations