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...
Los Angeles Law Blog
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,...
5 signs you’ve chosen the wrong business partner
Selecting the right business partner is essential for the success of any shared business venture. However, even with the best of intentions and due diligence, things can go wrong, and you might realize that you've made a mistake in choosing your business partner. This...
Finding the right property type for commercial use
Investing in real estate is reputable for being profitable. Investors have a vast range of options, and one of them is commercial real estate (CRE), which is gaining a lot of attention as time goes by. This is because it has a higher income yield and low maintenance...
Can landlords use cameras in rental units?
Landlords may want to use cameras as a form of security. In a lot of senses, simply having security cameras in place can act as a deterrent. If someone does break into a unit, security footage can also go a long way toward showing what happened or to helping police...
How real estate developers can reduce their legal risks
You can earn a lucrative income in the real estate development industry, but most people who gravitate towards this career do so because they enjoy making deals or because they enjoy creating. That means they are prepared to take bold risks in all aspects of property...
Pick the right partner before you invest
If you are looking to expand your commercial real estate portfolio, at some point you may consider taking on an investment partner. There are pros and cons to business partnerships, but they can prove lucrative for both parties when they succeed. Below are some tips...
How many people can share a bedroom in a rental?
If someone rents a home or apartment, they may wonder how many people are allowed to live there. Specifically, they are considering how many bedrooms they have and how many individuals are allowed to share each bedroom. In California, the general rule is that there...
What are the fiduciary duties of business partners?
Business partners have a legal obligation to act in the best interests of the partnership and other partners, collectively referred to as fiduciary duties. It is what keeps a partnership alive and running since it enables the partners to work towards a common purpose...