Legal Question in Real Estate Law in California
Here is the background
I purchased trust deed with 7 other investors through company-A
the property was taken back by the investors through foreclosure and then resold
The buyer is now suing Company-A and the investors for breach of contract.
The Buyer is suing Company-A and the 6 other investors. The 7th investor (ME) is not listed as a defendant. I believe this was oversight.
What should i do? I have already paid my portion of the retainer fee to Company-A's lawyer to defend us.
- since I am not a defendant i could ask for my retainer back but
but i can also still be sued separately at a later time
2 Answers from Attorneys
Get your own attorney and get specific legal advice based upon all the facts.
It sounds like an oversight. You could be named later, if you have already retained an attorney, you should raise this question with the attorney you've already hired.
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