Stephen B. Fainsbert


Real Estate, Tax Deferred Exchanges

Born in New York; admitted to California Bar in 1966.

Education: Wharton School, University of Pennsylvania (B.S., 1958); Michigan State University (M.A. in Economics, 1960); University of California at Los Angeles (J.D., 1966);

Publications: “Title Insurance”, Apartment Management, December 1997; “Financial Legalities”, Apartment Management, August 1998; “Secured Loans”, Apartment Management, February 1999; “Deeds of Trust”, Apartment Management, April 1999; “The Owner’s Duty to Provide Security”, Apartment Management, March 2000; “Skimming and Trespass”, Apartment Management, April 2000; “The Pitfalls of Refinancing”, Apartment Management, February 2002; “Implied Easements”, Apartment Management, May 2002; “Reattachment of Second Deed of Trust after Foreclosure”, Apartment Management, August 2002; “The Right of the Lender to Insurance Proceeds in the Event of Damage to the Insured Property”, Apartment Management, October 2002; “The Effect of a Judgment Lien on a Joint Tenants Interest in Real Estate”, Apartment Management, February 2003; “Closing the Escrow When the Property is in Imminent Danger of Foreclosure”, Apartment Management, April 2003; “Landlord’s Responsibility for Tenant’s Costs of Improvement”, Apartment Management, July 2003; “Satisfying the Condition Precedent in the Sale and Purchase of Real Estate”, Apartment Management, September 2003; "Creative Real Estate: Performance Deeds of Trust"(co-author), California Real Estate Magazine, December 1981; Real Property Exchanges, Continuing Education of the Bar, 1982 (Consultant); "Secondary Financing by Seller and the Need for Subordination Agreements", California Escrow Association News, March 1983 (author); Real Estate Financing, Continuing Education of the Bar, 1988 (Consultant); Real Property Exchanges, Continuing Education of the Bar, 1988, 1990 and 1991 Supplements (co-author); California Mortgage and Deed of Trust Practice, Continuing Education of the Bar, 1990 (Consultant); Real Property Exchanges, (co-author), Continuing Education of the Bar, June, 1994.

Lecturer: Lecturer for the California Continuing Education of the Bar ("CEB"), Tax Deferred Real Property Exchanges, 1979; Real Property Practice, 1980-1986; How to Handle an Escrow, 1985; Financing Real Estate Transactions, 1986; How to Prevent or Handle Disputes in Real Property Escrows, 1987; Escrow Closing, (CEB Annual Real Estate Institute, 1989); Tenancy In Common Agreements, All-Inclusive Deeds of Trust and Land Contracts, (CEB Annual Real Estate Institute, 1990); Tax Deferred Exchanges, 1994; Title Insurance and Entity Formation in Real Estate Transactions, (CEB Annual Real Estate Institute, January and February 1996); Real Estate Finance, 1996; Fundamentals of Real Property Practice, April, 1997; Lecturer in Real Estate Law and Real Estate Taxation and Exchanges, El Camino College, 1969 - 1980; Frequent Lecturer for Real Estate Groups and Escrow Associations.

Professional Affiliations: Los Angeles County, Beverly Hills and American Bar Associations; State Bar of California (Member, Real Property Section).



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Law Offices of Fainsbert Mase Brown & Sussman, LLP   11111 Santa Monica Boulevard, Suite 810
Los Angeles, CA 90025 | Office: 310-473-6400 | Fax: 310-473-8702