Transparency is very important in real estate transactions. Sellers must disclose known issues affecting a property's value or desirability. Failure to do so can cause serious legal consequences. This is where nondisclosure claims come in, and buyers and sellers must...
Every professional needs to consider the risks of doing business, including facing claims about substandard services from clients. Insurance coverage is one of the most important means of mitigating professional liability. Skilled, licensed professionals often carry...
Developing multiple properties at once presents both opportunity and risk. For investors in Southern California, where real estate values are high and regulations are complex, strategic planning is important when it comes to working towards both profitability and...
A partition action is a legal process used when two or more individuals co-own real estate and can no longer agree on how to manage or divide their shared property. In California, this approach to seeking legal remedy to such a dispute commonly arises when family...
A commercial lease generally involves a long-term commitment. Most standard commercial leases last for at least two years, if not longer. The language included in standard commercial leases usually makes a tenant responsible for rent amounts even if the business fails...
Running a manufacturing company can be a very lucrative business model. Consumers and other businesses constantly require goods and materials. Manufacturers who tap into an appropriate customer base can generate regular streams of revenue. Of course, the profitability...
A breach of contract can negatively affect an organization in a variety of ways. A construction company failing to begin a project on schedule or complete it according to the proposed timeline can lead to major operational setbacks. A vendor refusing to deliver...
The acquisition of real property is a major investment. Whether an individual or business acquires residential property or commercial real estate, preserving the property is usually a top priority. A portion of the parcel the buyer acquired could be at risk in a...
Every new commercial lease comes with a degree of risk. Landlords often gamble on an entrepreneur's idea when allowing them to take possession of a commercial space. Most commercial leases last for multiple years, but there is never a guarantee that the business...
Commercial real estate can be a source of regular revenue for the businesses that own such properties. Tenants that rent retail facilities, office space or industrial locations often commit to multi-year leases and either pay for maintenance or manage facility repairs...