Easements are commonly encountered in rural properties, but they can be in cities, as well. Property owners may find easements to be inconvenient because they grant someone else the (usually) legal right to intrude upon their space in some way. Naturally, that can end...
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Can your tenant rent the space to someone else?
You have a home that you rent out to residential tenants. For the past year or so, you’ve had a single tenant living in the home. When you stop by one day, though, there’s a family of four living in the house. As it turns out, your tenant got a job offer in another...
What happens if a seller makes false statements about a property?
When you buy a home, your new property is like a blank canvas, full of potential. Your home is an opportunity for expression, exploration and personalization. Unfortunately, the house may not be in the condition that you expected when you actually move in. There could...
Do you know how residential and commercial closings differ?
Many assume that the real estate closing process is relatively standard, but that's not the case. The process for a commercial property is often more complicated than the residential one as it involves more money exchanging hands. Government regulators require...
Is it time to convert your sole proprietorship to an LLC?
When you started your business, you were operating out of your spare bedroom and had no more than a shoestring budget, at best. Things have taken off better than you ever expected, however, and you’re expanding. Could it be time to change from a sole proprietorship to...
What are major and minor contract breaches? What’s the difference?
When entities enter into a contract with each other, both parties are expected to fully uphold their end of the deal. Most contracts are completed without any issues. The times when the contract isn’t followed, there is a breach of contract. This can sometimes lead to...
What commercial landlords should know about recapture clauses
Recapture clauses are common in commercial leases. This type of clause allows a landlord to end the lease prior to its expiration and reclaim the property under certain circumstances. Those circumstances, or triggering events, need to be spelled out in the lease. What...
Selling your company? It is vital you prepare early.
If running your business has become more of a chore than a joy, you may dream of escape. Maybe you dream of a stranger walking into your office, asking you how much and signing a check on the spot. The truth is, selling a business is not that simple. Adequate planning...
Be careful who you hire to fix up properties you intend to flip
Despite California having a relatively competitive real estate market, there are still opportunities for real estate investors. Whether you are an individual who wants to generate income by improving real estate properties or someone who runs a business that...
Can you get out of your commercial lease?
There are all kinds of reasons that tenants may seek to terminate their commercial leases early. Sometimes a better location comes along and it’s a once-in-a-lifetime opportunity for the business or the business simply outgrows its current space. Other times, economic...