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Facility maintenance can be one of the biggest financial obligations of any landlord. There may be substantially more maintenance requirements at commercial properties when compared with residential properties. Businesses may rely on large parking lots for customer...
Adverse possession traces its roots back to ancient legal systems where a medieval farmer tills the soil, plants crops and builds a modest cottage on a piece of land. Over time, the farmer’s descendants continue to work the land, generation after generation....
Commercial construction projects might involve remodeling an existing facility to meet the needs of new business tenants. They also include scenarios where a landowner hires a commercial construction firm to erect an edifice or expand an existing building on...
Someone's primary residence is one of their most valuable assets. They may have made a down payment worth thousands of dollars to purchase the property followed by months of regular payments toward the principal and interest accruing on their mortgage. Homeowners...
Regulatory compliance is crucial to the success of any modern business. The failure to adhere to both state and federal regulations could lead to a loss of licensing or financial penalties. As a result, executives and business owners are often familiar with existing...
If a business ever faces litigation, there could be reason to worry about significant financial consequences. Many people have heard the claim that approximately 90% of all civil lawsuits settle. Some researchers claim that the 90% figure is a gross exaggeration....
A breach of contract can be very expensive for the business affected. The failure to complete a project or deliver materials could slow down an organization's fulfillment of its own obligations. Sometimes, companies may have to idle production lines or absorb losses...
The behavior of a neighbor can directly influence someone's use of a property. For example, if a neighbor pollutes the soil or causes damage to a tree near a property line, those actions could negatively impact the resale value of adjacent properties. There are laws...
Real property can be the biggest investment someone ever makes. Partially as a result of this reality, people tend to feel very strongly about protecting their property rights. Sometimes, disagreements related to real property ownership will end up in civil court....
The commercial real estate market in California, particularly in Los Angeles and Orange counties, can be very lucrative. Landlords and owners alike can potentially profit off of properties by leasing or selling them to others. Those seeking to invest in commercial...