Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Late fee based on a percentage of the loan balance is void
Honchariw v. FJM Priv. Mortg. Fund, LLC, 2022 WL 4544812 (Cal. Ct. App. Sept. 29, 2022)
I thought I'd post a link to this recent CA decision. While it was decided by a CA court I wouldn't be surprised if the rational wasn't adopted by other courts.
HONCHARIW v. FJM PRIVATE | No. A163756. | 20220929022 | Leagle.com