The California housing market is relatively competitive. There is a constant demand for housing and inventory levels cannot keep up with that demand. Prices increase in part because of how demand outpaces development. Those hoping to buy a home, including those who...
Goode | Hemme Legal Blog
How might a tenant breach a lease? 3 kinds of violations
It seems like more people are wanting to rent rather than buy homes. As a landlord, this is great news to hear. However, you also know that you will likely have a rotation of tenants before someone stays long-term. While many tenants may leave because they’re looking...
Important legal aspects of starting a business
If you’re an entrepreneur making moves to form your own company, this is very exciting. It’s an opportunity to potentially make money and show the world what you have to offer. Nonetheless, there are no guarantees of success and there are also legal pitfalls to be...
Risks that can derail your partnership
You and your friend have decided to become business partners, and you both have agreed to share the responsibility of managing your company equally. One of the many advantages of a successful business partnership is the ability to share costs and duties associated...
What is a triple-net lease?
When signing a commercial lease, there are a few different ways for the lease to be set up. Both the person who is drafting it and the one who is signing need to be well aware of their obligations. In part, these are defined by whether or not it is a triple-net lease....
Key differences between a sole proprietorship and an LLC
When starting a business, you must decide whether to establish a sole proprietorship or form a limited liability company. Both structures have distinct advantages and differences that can significantly impact the day-to-day operations and the owner's potential...
3 important facts to verify when signing a commercial lease
Signing a commercial lease can make a big difference to a company's future operations. The right location can help it connect with more consumers. There won't be a mortgage to worry about if the company fails, and moving to bigger or smaller facilities as the company...
What should landlords know about ADA compliance?
The Americans with Disabilities Act is a federal law that prohibits discrimination based on disability in various public and private settings. The ADA primarily targets businesses and public spaces, but residential landlords should also know how this law impacts them....
Questions to ask and avoid when interviewing prospective tenants
What do you look for in a tenant for your residential property? Most landlords try to find renters who won’t cause any damage or disturb the neighbors. Of course, the ability to pay the rent on time, every time, is probably also a priority. Do you have a process to...
What goes into a business partnership contract? 3 key items
It’s wise to use a contract when starting a business partnership. Not all partners do this, and many simply rely on a handshake deal. However, doing so can lead to significant problems and disputes down the road. A contract helps by defining certain terms and putting...