When you purchase a piece of property, it’s important to know if it comes with an easement attached. There are two main types of easements, which are known as an easement appurtenant – where the easement “runs with the land” – and an easement in gross, which is often...
Los Angeles Law Blog
Mistakes inexperienced landlords make
Investing in rental properties can be a rewarding venture, but it’s not without its fair share of challenges – especially if you’re a first-time landlord. By learning more about common mistakes shared by first-time landlords, you can set yourself up for a much...
Landlord’s dilemma: What to do when renter fails to pay rent.
This issue is not a novel one. Tenants fail to pay rent all the time. Unfortunately, since 2020, the issue has grown, and tenants found themselves benefiting from various legal protections. Although the idea behind the protections, to help keep people in their homes...
Selling real estate in a post-COVID environment
While countless industries struggled during and following the worldwide COVID-19 pandemic, one, in particular, saw significant revenues from 2020 to 2021. The real estate industry significantly benefitted from unprecedented lower interest rights, not to mention...
Weathering the sharp decline in commercial real estate in major cities
Across the United States in 2019, commercial real estate was considered a safe and reliable investment for developers and businesses seeking to grow their enterprises in business districts. However, the trend has sharply reversed in 2023, and now commercial real...
Why real estate developers need insurance
As a real estate developer, you’ll be all too aware that every part of the building process comes with its own risks. You’re exposed to being liable for a claim from day one. To protect yourself, your employees and your business you know that it’s important you have...
Why do landlords enforce pet policies?
Landlords often set policies for tenants. These policies are often in place to help reduce issues between tenants, which can be a tricky balancing act. A tenant may also be required to follow any policies to reduce difficulties as a resident. One common policy that...
The post-COVID plight facing renters
While the COVID-19 health crisis is apparently in the rear-view mirror after authorities claimed that the pandemic was over, struggles still remain for those suffering not only the ongoing health effects but also the financial impact that still remains. While the name...
Can landlords use rental applications to screen tenants?
You can and should check up on those who apply to rent or lease your property. Without screening measures, you could end up with a tenant who causes problems for you and others or refuses to pay their rent. Although you may screen your tenants, you must remain within...
Who pays the building expenses in a gross lease?
As a real estate developer, it is essential to understand the nitty-gritty details of commercial leases. One key factor to consider when negotiating such arrangements is who pays the building expenses. These include costs like property taxes, insurance premiums,...