Real Estate

California Real Property Seller’s Beware: Know Your Buyer or Else!

As if California real property sellers didn’t have enough to worry about, on July 17, 2015, the Federal District Court in Los Angeles sent a shiver down the spines of sellers when it handed down its order in In re Walldesign, Inc. In Walldesign, Donald Buresh and his wife Karen Philips sold a piece of commercial real estate in 2009 to Michael Bello, the president and sole shareholder of …