The Signature Real Estate Companies Welcomes the New Decade with Inaugural SGB Volunteer Day

Signature Gives Back Presents its First Volunteer Day

Be the Change You Wish to See in the World”

— Mahatma Ghandi

BOCA RATON, FLORIDA, USA, February 28, 2020 / — (Boca Raton, Florida) — With a single-day, planned closure of its 18 offices, The Signature Real Estate Companies’s discrete 501(c)(3) philanthropic arm, Signature Gives Back (SGB), is amassing volunteer teams for Friday, March 27, 2020 to help the needs of community organizations for its first-ever Signature Gives Back Volunteer Day. SGB and Signature expect 10,000 hours of community service from its Team Members, which would make it one of the most cohesive volunteer events in South Florida’s history. One Blood will be on-site to take blood donations throughout the day.

The companywide event commences at 9 a.m. at Signature’s Corporate Headquarters
(901-C Clint Moore Road, Boca Raton, FL 33487), with a formal award of its Proclamation from The Board of County Commissioners of Palm Beach County, Florida, originally sponsored and to be presented by Vice Mayor Robert S. Weinroth.

Following the presentation, Signature’s Team Members will head to their volunteer destination for the day to complete a variety of tasks improving the communities served by the corresponding organizations: Habitat for Humanity, Showering Love, Community Greening, The Soup Kitchen, Beach Cleanup (for Jupiter, Delray Beach, Boca Raton and Ft. Lauderdale), Grand Villa Memory Care Village, Quantum House, Tri-County Animal Rescue, Florence Fuller Child Development Centers, and Forgotten Soldiers Outreach. Additionally, Signature Team Members will prepare and distribute sandwiches to housing insecure people who gather at John Prince Park, Lake Worth, FL.

Voted as “Humanitarian of the Year” for Signature, Vice President of SGB, Ms. Wendy Pressner, and Executive Vice President for both Signature and SGB, Mr. Jack Jaiven, will join Mr. Ben G. Schachter, who co-founded SGB in 2016, at its Corporate Headquarters. Mr. Schachter, the Broker-President & Principal of The Signature Real Estate Companies and SGB’s President, has chartered Signature’s course to 18 offices in and out of state, spearheaded its historical path to more than 1,000 real estate professionals, Affiliates and Vendors, and fostered the ever-increasing appeal of en masse volunteerism.

Please register to volunteer at Media are welcome throughout the day at Corporate Headquarters and select volunteer sites.


Signature Gives Back
+1 561-809-1125
email us here

Source: EIN Presswire

Sterling Bancorp, Inc. Investor Alert: Class Action Lawsuit Filed Against Sterling Bancorp, Inc.

Kehoe Law Firm, P.C. Investigating Securities Claims on Behalf of Sterling Bancorp Shareholders

PHILADELPHIA, PA, USA, February 28, 2020 / — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors that purchased Sterling Bancorp, Inc. (“Sterling Bancorp” or the “Company”) (NasdaqCM: SBT) common stock: (a) pursuant and/or traceable to the Company’s initial public offering that commenced on or about November 17, 2017 (the “IPO”); and/or (b) between November 17, 2017 and December 8, 2019, inclusive (the “Class Period”).

If you purchased Sterling Bancorp common stock, pursuant and/or traceable to Sterling Bancorp’s IPO and/or during the Class Period, and suffered losses, you are encouraged to contact either Michael Yarnoff, Esq., (215) 792-6676, Ext. 804,,, or John Kehoe, Esq, (215) 792-6676, Ext. 801,, to learn more about the Sterling Bancorp securities investigation or your potential legal claims.

On February 26, 2020, a class action lawsuit was filed against Sterling Bancorp, Inc. in United States District Court, Eastern District of Michigan, seeking to recover damages pursuant to §10(b) and §20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, as well as alleging claims under §§11, 12(a)(2) and 15 of the Securities Act of 1933.

According to the class action complaint, during the Class Period and in connection with the Company’s IPO, the Sterling Bancorp Defendants made untrue statements of material fact and failed to disclose material facts concerning, among other things, Sterling Bancorp’s loan underwriting, risk management and internal controls, including repeatedly touting its strict underwriting, asset quality and the Advantage Loan Program.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion dollars on behalf of institutional and individual investors.

John Kehoe, Esq.
Kehoe Law Firm, P.C.
2157926676, EXT. 801
email us here

Source: EIN Presswire

New Drone Pilot Training Program Builds Skills for the Renewable Energy Industry

HeatSpring, Little Arms, and Unmanned Experts have built this unmanned aircraft commercial operations course especially for renewable energy firms.

ANN ARBOR, MI, USA, February 28, 2020 / — The new “Drone Pilot Boot Camp + FAA Part 107 Exam Prep” is a collaboration between three companies: HeatSpring, Little Arms, and Unmanned Experts. They’ve built this unmanned aircraft commercial operations course especially for engineering, construction and renewable energy firms.

Keven Gambold is the instructor. Formerly a combat pilot for the British Royal Air Force, Keven has spent the past eight years developing training programs for drone pilots with Unmanned Experts.

Logging flight time is critical for a great course. Little Arms is the software firm behind the top-rated Zephyr drone simulation software. Zephyr works across any platform and has a built-in LMS that allows Keven to review student progress and coach each individual student on their flying. Flying the Zephyr simulations with Keven’s oversight is an incredible way to build skills quickly and efficiently.

Kyle Bishop, CEO at Little Arms says, "We're proud to announce our new partnership with HeatSpring and Unmanned Experts. The UAS industry is a constantly changing place, establishing effective and standardized training is a great way to help drive the industry forward as a whole."

HeatSpring brings twelve years of technical online education and a deep understanding of what the market expects from a great course. They’ve spent two years designing this course and finding the right partnerships to make it happen.

“We looked at more than a dozen drone flight simulators and Zephyr was the clear winner for us,” according to Brian Hayden, co-founder at HeatSpring. “It’s built for a training environment and able to work on any machine.”

The course is great for anybody who wants to become a drone pilot, but the primary aim of the course is to unlock new opportunities for engineering, construction, and renewable energy firms. Drones are a powerful and relatively inexpensive way to increase revenue and lower costs on projects big and small.

The next course begins in April 2020 – students who enroll get immediate access to their Zephyr software program. Students who enroll in this session also receive a free FlySky FS-i6S Transmitter.

Brian Hayden
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Source: EIN Presswire

NARI 2020 Evening of Excellence Honors Nelson Construction and Renovations with CotY Awards

NARITB Coty Award Entire House

First Place CotY Award for the Entire House $250,000 – $500,000

NARITB CotY Award  Redisdential Interior

CotY Award First Place for Residential Interior over $500,000 category

NARI CotY Residential Interior Runner up

CotY Award First Place Runner Up for the Residential Interior Remodel $75,000 – $150,000 category.

NARI Tampa Bay honors Nelson Construction & Renovations with 2 CotY awards at the 2020 Anniversary Evening of Excellence.

Not only do we thank NARITB for this recognition, we also want to thank our hardworking team, especially Marcus Quirino, Bryan Marquardt and Barry Bartlett, Site Supervisors on our winning projects.”

— Greg Nelson, Owner and CEO of Nelson Construction and Renovations

CLEARWATER, FL, UNITED STATES, February 28, 2020 / — The results are in from the NARI Tampa Bay 2020 Evening of Excellence and Nelson Construction and Renovations is a big winner. NARITB honored Nelson with 4 CotY (Contractor of the Year) awards: First Place for the Entire House $250,000 – $500,000, First Place for Residential Interior over $500,000, Runner Up for Residential Interior $250,000 – $500,000 and Honorable Mention for Residential Kitchen $60,000- $100,000.

NARI is the National Association of the Remodeling Industry and the local chapter covers the Tampa Bay area. Recognizing excellence, NARI’s Contractor of the Year (CotY) Awards are the premier awards for the remodeling industry.

NARI members may submit a project for consideration. The awards honor professionals in the industry who overcame difficult obstacles to provide outstanding work to homeowners.

NARI is also a resource for homeowners looking for licensed, ethical and reputable remodeling professionals.

“Not only do we thank NARITB for this much appreciated recognition, we also want to thank our hardworking team, especially Marcus Quirino, Bryan Marquardt and Barry Bartlett, the Site Supervisors on our winning projects,” said Greg Nelson, Owner and CEO of Nelson Construction and Renovations.

Their company goal is to bring beauty to their environment and to make the design and construction process a pleasant experience for all their clients.

About Nelson Construction & Renovations

Nelson Construction & Renovations, a family business founded in 2006, is a design-build (turn-key) company that specializes in high-end residential construction including new-builds, home additions, large remodels, and light commercial properties. With headquarters in Clearwater, Florida, they serve homeowners all over Pinellas and Hillsborough Counties. They are an award-winning member of the National Association of the Remodeling Industry (NARI), a 4-time recipient of Best of Houzz award and have an A+ rating with the Better Business Bureau. For more information, visit their website at or call 727-596-9006. For more inspiration visit them on Houzz, Facebook, Twitter, Instagram, Pinterest and their YouTube Page. You may also visit them in their studio at 1174 Court Street in Clearwater.

Jeannine Dowdell
Nelson Construction and Renovations, Inc.
+1 727-596-9006
email us here
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Things You Need to Know When Renovating Your House in Florida

Source: EIN Presswire

Danny Brown, Luxury Real Estate Broker, On How the High-End Housing Market Has Exploded in Los Angeles

Danny Brown, Luxury Real Estate Broker

“The high-end luxury market and uber luxury market in Los Angeles has exploded in January after anemic results in 2019.” – Danny Brown

LOS ANGELES, CA, UNITED STATES, February 27, 2020 / — Southern California home prices shot from a year earlier in January as buyers battled over a limited supply of homes for sale across the six-county area. The median price of the area — the level where half of the homes sell for more and half for less — clocked in at $533,000, DQNews said Monday, February 24th. That was above the previous year by 6.6%. It's the latest hint that the home market is heating up after muddling through much of 2019.

Acclaimed Realtor at Compass, Danny Brown, seems to have a lot to say in the matter and is in agreement that we are going into a seller’s market. “The high-end luxury market and uber luxury market in Los Angeles has exploded in January after anemic results in 2019,” states Danny Brown. There’s been a half dozen sales over $100 million including a price record of $150m, which Lachlan Murdoch took credit for in December. Then Jeff Bezos shattered that record and bought David Gefferns Jack Warner Estate for $165m. There is plentiful inventory on the upper-end market, so the housing shortage is really on the mid-priced and low ends.”

High-end home sales signaled a recovery in the second quarter of 2019, according to the latest report from Redfin, which showed that prices rose a mere 1% to $1.64 million. While the gain is nominal, it could be a sign that the bleeding has stopped after several quarters of falling sales. Certainly, the second quarter's performance was a boost from the first quarter of the year, which saw luxury prices decline 1.7%. In Q1, prices declined for the first time in almost three years, and sales saw their largest decline since 2010 as supply increased by double digits.

Economists attribute the change, seen across the country, to falling mortgage rates, the easing of recession fears and a stark shortage of homes for sale. In Southern California, depending on the county, there were 17% to 28% fewer homes on the market in January than a year earlier, Zillow data show. Similar declines were reported in December. Interest rates had shot up in late 2018 and early 2019, and there was high economic uncertainty— two factors that caused buyers to pull back. At the same time, Zillow economist Jeff Tucker theorized, some sellers, worried the market might turn and wipe out some of their equity gains, listed their homes. But homes sat and inventory swelled. It seems that even with such limitations, it is a good time for people, especially in the high-end luxury market, to sell.

“The world has never seen the scale and scope of these uber sales in Los Angeles,” continues Danny Brown. “Up next is a $500m 100,000 sf spec, “The One”, with a Monaco casino and night club which is being shown quietly off market. It’s a flight to safety. Billionaires parking capital in blue chip estates in A+ locations as a form of diversification and enjoying the unique healthy sunshine and lifestyle that only LA can provide.”

Home prices and sales rose in all six counties compared with a year earlier:

In Los Angeles County, the median sale price rose 6% to $615,000, while sales climbed 14.1%.
In Orange County, prices rose 6.7% to $747,000, and sales climbed 20.3%.
In Riverside County, prices rose 4% to $390,000, and sales climbed 18.3%.
In San Bernardino County, prices rose 12.5% to $360,000, and sales climbed 16.7%.
In San Diego County, prices rose 7.9% to $585,000, and sales climbed 22.8%.
In Ventura County, prices rose 3.2% to $588,500, and sales climbed 18.8%.


Danny Brown

Danny Brown most recently launched season 2 of his hit podcast, The Deal with Danny Brown. The Deal with Danny Brown is a podcast that is devised as a force for good and gives valuable information to people from different industry professionals. The guest all explore how to achieve success in the best ways and give other ideas and suggestions such as being polite, diligent work ethics, overcoming fear, and moving through obstacles. Season 2 debuted with Stryker from The World Famous KROQ and has seen various other special guests such as Jon Orlando and Fred Kreuger.

Prior to working at Compass, Danny Brown was a partner at The Agency where he was one of their most prolific producers, well-respected leaders, and key mentors. He is on the Real Trends list of top 250 agents in the country and closed 37 transactions with just under $100M in volume in 2018. Over his career, Danny has closed over 350 transaction sides and $1B of sales volume.

Remaining a trusted and respected voice among his clients and colleagues, Danny Brown holds an extensive list of high-profile clients, including “C” level executives, tech entrepreneurs, athletes, entertainers, and developers. He is considered one of the most trusted and knowledgeable sources in the real estate industry and is often called upon to consult for developers, investors, financiers, and fellow real estate agents. You will find him speaking on various industry panels and leading training sessions for up and coming agents. He is a graduate from the University of Southern California, and he's a member of the Jewish Federations Real Estate and Construction Division (REC), and the Jonathan Club.

Aurora DeRose
Michael Levine Media
+1 951-870-0099
email us here

Source: EIN Presswire

Air Quality Index Improves in Wuhan China.

Air Quality Index in Wuhan China during Coronavirus

Air Quality Index in Beijing China during Coronavirus is much better than in New Delhi India.

Better Air Quality Index in Wuhan during Coronavirus.

The positive impact of Coronavirus in Wuhan is the improved air quality index. As the people go back to work, air pollution goes up.

Climate change is not a Hoax we the people make an impact on the Air Quality Index as seen in Wuhan China where during the Coronavirus Air Quality Index is Good.”

— Air Quality index is impacted by the factories and Humans

SAN JOSE, CA, UNITED STATES, February 27, 2020 / — The manufacturing has come to a halt in Wuhan China and the residents in the city are quarantined with a fear that Coronavirus will spread. There is no one to be seen on the streets and city is deserted. What does this mean – people are not going to work; factories are not producing any products and there are no cars on the roads.

The next question is do we as human beings have any impact on the Air Quality Index and pollution or on a larger scale do we have an impact on the Climate Change. The answer is YES!

I have been monitoring the Air Quality Index in Wuhan over the last few weeks and results support the hypothesis. The air quality has been Good to Moderate in the city, whereas other cities away from Wuhan still have the poor Air Quality Index.

The forecast is as people go back to work and we begin to manufacture the product we will begin to start contributing to the pollution and poor Air Quality Index. Indicating that we are directly responsible for the environment we live in and we have to make the choices.

It is very difficult to simulate such conditions in the present world where we are so interdependent on each other and have to keep our factories running to manufacture the products to stay competitive in the global environment. It is just a coincidence that the impact of Coronavirus which is a deadly infectious virus has forced us to stay isolated from each other to mitigate the spread of the virus from human to human.

During the same time here is Air Quality Index in Beijing South which is Unhealthy at 172. This corresponds to the fact that we the human beings have a direct impact on the quality of the Air Quality Index and the pollution in our environment.

Please refer to the chart on the side that clearly shows “Better Air Quality Index in Wuhan during Coronavirus”. What a difference it is to see the change. I do not wish that we have to be under the threat of Coronavirus to improve the air quality. I pray that we can learn from this and make changes in our manufacturing process and reduce the pollutants introduced by people living in the environment.

The housing contributes at least 18 to 20 percent to the global pollution. Homes heating, cooling and domestic hot water use over 65% of the Energy. One thing we can focus on is the way we are building our future homes. If we start building with all sustainable materials and Renewable Energy, we can make a big impact. This will not happen overnight but will take decades. Our goal is to have the environment turned around by 2050. When all the cities in world can breathe fresh air and live a healthy lifestyle.

India and China are the two most polluting countries in the world. Air Quality Index Chart showing the comparison between Beijing and New Delhi reflects that China is much cleaner as compared to Delhi. Beijing has had more cleaner days with good Air Quality Index vs Delhi.

India and China must take this very seriously or they are going to be responsible for most of the climate change impact. USA is the largest consumer of energy per capita but has a better Air Quality Index overall in the country.

Is there a room to improve the answer is YES! Sun is the best source of energy and today we have the know how to convert the solar energy to Electricity. Sun provides enough energy in one hour to provide the energy requirements for the world consumption. We just have to harness the energy and use it as needed.

The challenges we have is how to store the energy and use it at a later date when needed. As we speak the research is being done and we are developing technologies like the one developed by Tesla as Power Wall. We are currently also exploring the possibilities of storing energy in the Thermal Storage Energy using the solar power.

California is the leading state to encounter the climate change impact. The City Council in the city of Berkeley, Palo Alto, San Jose and may other have approved that the new construction homes will not be connected with gas lines and will have to be all electric. Initially the cost will be higher but the long-term benefit will be awesome for the generations to come. We one day may be able to leave the plant for them to live on without pollution. We must use Renewable Energy to solve the problem.

I have lived in New Delhi and I have seen the pollution and experienced it, It for that reason I am concerned about the citizens of the world and am constantly looking for solutions to make homes with the best Energy saving technologies the also improve the air quality inside the homes. We must build Passive Inspired Net Zero Home. I am so happy to see the improved air quality in Wuhan Chine – I hope we can keep it like that in the future.

Please see the video how is China improving the Air Quality Index.

Manmohan (Mohan) Mahal
SIDCO Homes Inc
+1 408-314-3454
email us here
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There is hope that China one day will be able to improve the Air Quality by using more renewable energy and going all electric.

Source: EIN Presswire

HEA appointed advisor for Odin Energi's Latvian Licence farmdown

Odin Energi Latvia Licence

HEA Logo

Odin Energi Logo

Odin Energi is looking for a partner(s) to join the licence ahead of drilling the E-17 prospect in 2021 which may contain up to 85mmbo

LONDON, UNITED KINGDOM, February 27, 2020 / — Holt Energy Advisors Ltd ("HEA") have been appointed by Odin Energi Latvija ("Odin Energi") as farmdown advisor for their 2018-1 Licence in the Baltic Basin in Latvia.

The licence was awarded in January 2018 and since award the group have acquired and interpreted a new 3D seismic survey to mature the E-17 prospect ready for drilling in 2021.

Odin Energi now seeks to bring in one or more partners to fund and deliver the forward work plan including a 2021 exploration well.

E-17 is a Caledonian aged closure located about 10km from the coastline in water depth of 25m. The prospect has reserves potential of 85 mmbo with the Cambrian reservoir target located at a depth of 1,370m SS.

The Baltic Sedimentary Basin covers an area of 250,000 km2 and has a proven working petroleum system with excellent reservoir and a mature source rock.

Chris Starling, Managing Director of Holt Energy Advisors ("HEA") said: "The opportunity provides prospective buyers with a chance to access a significant volume of high value barrels at relatively modest cost within an EU country providing a low level of above ground risk and a ready local infrastructure and market. In the success case there are potential additional opportunities to access further resource in the region in partnership with the seller."

For further information on this opportunity visit our website here or email the HEA team at

Holt Energy Advisors is a boutique energy advisory company delivering expert commercial consulting and transaction advisory solutions to the oil and gas and renewables sectors.

Holt Energy Advisors Ltd
5 Harbour Exchange Square
Canary Wharf, London
E14 9GE, United Kingdom

Tel: +44 (0) 203 916 0101
Fax: +44 (0) 844 357 6895

Media Enquiries
Holt Energy Advisors Ltd
+44 20 3916 0101
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Source: EIN Presswire

Construction Aggregates Market Is Anticipated To be Worth Around USD 490 Billion by 2025 – Zion Market Research

Construction Aggregates Market

Global Construction Aggregates Market expected to generate around USD 490 billion by 2025, at a CAGR of 4.6% between 2019 and 2025

Construction Aggregates Market by Product Type (Crushed Stones, Sand, Gravel, and Others) and by End-User (Residential, Commercial, and Industrial): Global Industry 2018–2025”

— Zion Market Research

NEW YORK, NEW YORK, UNITED STATES, February 27, 2020 / — Zion Market Research has published a new report titled “Construction Aggregates Market by Product Type (Crushed Stones, Sand, Gravel, and Others) and by End-User (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global construction aggregates market was valued approximately USD 360 billion in 2018 and is expected to generate around USD 490 billion by 2025, at a CAGR of 4.6% between 2019 and 2025.

The construction aggregates market is likely to grow rapidly over the estimated timeframe owing to the flourishing construction industry of various emerging nations, such as India and China. Rapid industrialization, urbanization in developing economies of the world, and the ongoing trend of constructing smart buildings and infrastructures in cities are other factors that are anticipated to boost the construction aggregates market in the future. Additionally, construction organizations are also focusing on mergers and acquisitions to increase their production capacities. Furthermore, the growing acceptance of recycled construction aggregates due to their ability to preserve depleting energy resources and reduce costs are projected to positively impact the construction aggregates market in the upcoming years. The growing demand for readymade concrete is likely to offer new market opportunities over the estimated timeframe. However, the fluctuating prices of raw materials may hamper this market’s growth in the future.

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Based on product type, the construction aggregates market is segmented into the sand, gravel, crushed stones, and others. The crushed stones segment is expected to dominate the market in the future, owing to their extensive use for commercial infrastructural development. According to the U.S. Geological Survey in 2015, about 1.32 billion tons of crushed stones were produced for consumption in the U.S. alone.

Based on end-user, the construction aggregates market is segmented into residential, commercial, and industrial. The residential segment is expected to dominate the market in the future, owing to the growing number of smart buildings in urban and semi-urban areas due to the rising per capita income of people.

Asia Pacific region held an extensive revenue share of the global construction aggregates market in 2018 and is expected to dominate globally in the upcoming years as well. This can be attributed to the increasing construction activities in the region due to rapid industrialization and urbanization and the rising investments made in the construction industry for infrastructural development. North America is expected to provide significant opportunities for the global construction aggregates market in the future, owing to the rising demand for recycled construction aggregates and crushed stones owing to the development of commercial infrastructure across the region.

Browse TOC of this Research Report for more Insights –

Some key players of the global construction aggregates market are Vulcan Materials Company, Adelaide Brighton Cement Ltd., PJSC LSR Group, CEMEX S.A.B. de C.V., LafargeHolcim Ltd., Martin Marietta Materials, Inc., Eurocement Holding AG, CRH PLC, Heidelberg Cement AG, and Rogers Group Inc., among others.

This report segments the global construction aggregates market into:

Global Construction Aggregates Market: Product Type Analysis

Crushed Stones

Global Construction Aggregates Market: End-User Analysis


Global Construction Aggregates Market: Regional Analysis

North America
The U.S.
Asia Pacific
Latin America
The Middle East and Africa

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About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
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Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

Kalpesh Deshmukh
Zion Market Research
+1 855 465 4651
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Source: EIN Presswire

How to Transfer California Real Property to Heirs

How to transfer real property in California after the owner has died

Post death transfer of California real property

How real property was owned and its market value are the two key variables that determine the time and cost to transfer a deceased owner’s real property.

Two key variables dictate how to transfer California real property to heirs after the death of the owner; market value and how the property was owned”

— Mark W. Bidwell

HUNTINGTON BEACH, CA, UNITED STATES, February 27, 2020 / — Two key variables dictate how to transfer California real property to heirs after the death of the owner. The two variables are:1) how the decedent owned or took title to the real property and 2) the fair market value of the property on the date of death. The last deed recorded with recorder’s office is the final word on how the real property is owned. The deed is available at the recorder’s office in the county where the real property is located.

The options for owning are as an individual, as a co-owner, as a trust, as a business entity or as a revocable transfer on death deed. Real property owned by one individual requires assistance from the probate court. The amount of involvement by the probate court depends on the real property’s appraised fair market value as of date of death.

The final word on the appraised fair market value is determined by an individual with the bewildering title of “probate referee.” The probate referee is an Officer of the Court appointed by the California State Controller. The less the appraised value, the less involvement by the court. The break out is less than $50,000, $50,000 to $150,000 and over $150,000.

California law has a shortcut, or expedited probate procedure for real property less than $50,000 in value known as “Affidavit re Real Property of Small Value.” No court hearing is needed. This procedure is primarily available for timeshares, mineral rights, and undeveloped land away from the coast.

"Succession to Real Property" is available for real property valued at less than $150,000 but more than $50,000. This procedure is shorter than formal probate administration as it requires only one court hearing. The transfer is at the court’s discretion based on the evidence introduced at the hearing.

Real property with a market value greater than $150,000 requires formal probate administration. Probate is the administration under court supervision of a decedent’s estate as directed in his or her Will or by the laws of intestacy. Formal California probate court administration requires at a minimum two court hearings, three court orders and one year to complete.

If there is a surviving co-owner, that owner has the right of survivorship or does not. The right of survivorship automatically transfers the deceased co-owner’s interest to the survivor or survivors. This right must have very specific phrases on the deed to exist. The phrases are either “joint tenants” or “community property with the right of survivorship.” If either of these phrases is missing or the wrong phrase provided, such as “husband and wife” the deceased owner’s interest passes to his or her heirs through the probate court.

Even though the survivorship right is automatic, the public record is not automatically updated. For the survivor to sell or borrow on the real property, an affidavit of death must be submitted to the county recorder by the survivor. If there is only one survivor as is most often the situation, the survivor owns as an individual. On the death of the survivor an action in probate court is required.

For a trust, transfer is by affidavit death of trustee and deed recorded with the county recorder. The affidavit establishes the successor trustee identified in the trust as the person authorized to act on behalf of the trust. The successor trustee can then sell or transfer the real property to the beneficiaries of the trust by deed.

California’s legislature passed a new law for a five-year test of revocable, transfer on death deeds for real property. On death this deed transfers ownership to the heir named on the deed. The law ends on January 1, 2021. Revocable transfer on death deed executed before January 1, 2021 will remain valid after January 1, 2021.

Real property owned by a business entity such as a limited liability company or corporation avoid the probate courts and the recorder’s office. Ownership transfer is internal according to the procedures of the business entity.

Two key variables dictate how to change owners of California real property after the death of the owner. The two variables are:1) how the decedent owned or took title to the real property and 2) the fair market value of the property on the date of death. The options for owning are as an individual, as a co-owner, as a trust, as a business entity or as a revocable transfer on death deed. The less the appraised fair market value, the less involvement by the court.

Article provided by Mark W. Bidwell, a licensed attorney in California. Office is 4952 Warner Avenue, Suite 235, Huntington Beach, CA 92649. Telephone is 714-846-2888.

Mark Bidwell
Mark W. Bidwell, A Law Corporation
+ +1 7148462888
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Source: EIN Presswire

Attic Mold Can Kill a Real Estate Deal. Don’t Let It.

Attic Mold Removal Process

Attic Mold Before & After

Attic Mold Removal Process

Attic Mold Removal System

if you’re not sure if attic mold is present, be proactive. It will help prevent real estate deals from falling through.

If you’re not sure if attic mold is present, be proactive. It will help prevent real estate deals from falling through and everyone can walk away from the table feeling good about the deal.”

— Darryl Morris

NAPERVILLE, ILLINOIS, UNITED STATES, February 27, 2020 / — If you’re like most people, a trip to the attic usually happens a few times a year. It’s not a place that you typically examine or inspect. As a result, a nasty surprise could be lurking – attic mold. That’s right. Mold doesn’t just happen in bathrooms and basements. It happens in attics too and you need to be ready for it if it turns up – especially if you’re trying to sell a home in the Chicagoland region.

Many Americans, about 40 percent, say buying a new home is the most stressful event in modern life, according to a survey of 2,000 Americans by Another 44 percent said they felt nervous throughout the home-buying process. So, when a Chicagoland area home inspector flags attic mold as a problem, many buyers are likely to back out of the deal. Home sellers will be left holding an unsigned contract and that’s not a situation anyone wants to be in – whether buying or selling. Don’t panic. There’s a solution.

Why Does Mold Grow in the Attic?

Mold needs three things to grow: moisture, food and warmth. If left unchecked, attic mold can cause problems because mold is often a key indicator that there’s a moisture problem somewhere.

For example, if attics are not well insulated throughout the wіntеr months, hot and dry furnace heat makes contact with the cold boards of the roof and moisture forms creating the ideal environment for mold to live and thrive. Other culprits include: a leaky roof, inadequate attic ventilation, a water heater or furnace that’s installed in the attic and ice damming which occurs when water can’t drain properly from the roof, freezes and backs up into the home through the attic. The stagnant water causes attic mold growth.
Creating an environment that’s dry and cool is the ultimate goal, but let’s face it – mold happens. You just need to be ready to deal with it when it does.

Is Attic Mold Dangerous?

Generally speaking, mold can lead to a variety of health problems such as:

• Respiratory illness and/or infection
• Itchy, watery eyes
• Weakened immune system
• Allergic reactions

The best way to determine if the mold in your attic is dangerous is to hire an attic mold removal specialist from the Chicagoland area. There are many different types of mold and each one poses different problems and levels of severity in how it can affect one’s health.

So, if you’re not sure if attic mold is present, be proactive. It will help prevent real estate deals from falling through and everyone can walk away from the table feeling good about the deal.

Part-two of this article addresses how to fix attic mold and how to pick an attic mold removal specialist who you can trust.

Darryl Morris
Mold Level Corporation
+1 855-776-7370
email us here

Attic Mold Removal – Explainer Video

Source: EIN Presswire