Opening a small business in Los Angeles can be a daunting task, but one of the biggest decisions one must make is whether to buy or lease business property. One of the main benefits of leasing versus buying is that the initial capital required to lease is less than...
Commercial leases come in different forms
No standard agreement exists for a commercial lease. In fact, it is typical for people in Los Angeles and other parts of California to negotiate the terms of a commercial lease. A few tips may help to negotiate commercial leases effectively. First, it is important to...
Real estate dispute may involve failure to disclose defect
Purchasing a house in Los Angeles is a complicated and lengthy process. A majority of used homes feature some items requiring upgrading or replacement -- for instance, rusted pipes or outdated wiring. However, in general, the seller has a duty to disclose any major...
Commercial leases can be complex to draft, negotiate
Drafting and executing a lease is a crucial step for both lessees and lessors in business. Making a single mistake in this complex process can be costly long term. However, an attorney can guide you through process of negotiating, drafting and then reviewing...
Court rules for plaintiff in real estate dispute
A man in California who purchased a mansion in cash was under the impression that the home was 15,000 square feet in size. However, a couple of years later, he discovered that the home's square footage was actually listed as being under 10,000 in records for the home....
Passage of Measure JJJ creates concern among developers
Voters in Los Angeles have approved a new measure that imposes new requirements on certain residential development projects. Measure JJJ applies to projects where builders are seeking zoning changes, such as constructing more units than allowed or in a location where...