Some who earn a living by investing in real estate prefer to work alone, often to minimize liability. Other times, investors discover they need additional resources to maximize their success. They meet this need by forming real estate investment partnerships. A...
Los Angeles Law Blog
Tips to protect yourself in a real estate partnership
There are countless benefits offered by forming a real estate partnership. However, there are also potential downsides if you aren’t careful. Protecting yourself in the partnership should be a top priority, and some tips that will help you do this can be found here....
What is ordinary wear and tear in California rental properties?
One of the hardest elements to find agreement on in landlord-tenant law is sometimes the ordinary wear and tear of rental property. If the property owner and those living in the unit disagree on normal wear and tear, it can lead to landlord-tenant disputes involving...
Binding arbitration clauses aren’t the only way to avoid court
Whether you primarily execute contracts with new employees as you hire them or with clients as they hire you, including the right terms is key. A well-drafted contract will increase the benefits your business derives from the agreement while also protecting you from...
Subletting could be a lease violation
You may have a tenant who lives in a multi-bedroom apartment. This tenant may think it’s easiest if they sublet the extra rooms to help pay their rent and save on money. If they can sublet each extra room for half as much as their rent then they’ll be coming out on...
The risks of investing in startups
As an investor, you've long focused on trying to help startups. You do this because there is the potential for tremendous growth. Everyone talks about wanting to have invested in Microsoft back when it first got off the ground or investing in Amazon back when it only...
Steps in the evictions of residential tenants in California
Most landlords hope that each tenant they lease property to will abide by the lease and pay their rental payments on time. While there are very responsible renters who will do this, there are often irresponsible ones who end up having to be evicted. Landlords in...
3 ways commercial loans are different than mortgages
Many people choose to buy real estate rather than lease it so that their monthly payments lead to accrued equity. Businesses may decide to buy their premises for the same reason. The facilities that they purchase could be a major contributing factor to the business's...
5 common causes of partnership disputes and why you need an attorney
Partnership disputes aren’t all that uncommon. People often start out as partners with the same goals in mind, but as the business grows and changes, their preferences may change. One person may want to take the business in one direction while the other thinks they...
When you discover major property issues after making an offer
For many people, purchasing real estate is a straightforward process. They tour properties they like, make an offer and then sign paperwork later. Unfortunately, there are occasional disruptions in that process. For example, you may find out the week before closing...