When it comes to business formation, you have a wide range of factors to take into consideration, and finding the best business entity is pivotal. From a partnership to an LLC, C corp or S corp, you have a number of options. Depending on your circumstances, you could...
Palos Verdes Estates Real Estate Law Blog
What is title insurance?
When you purchase a piece of real estate, the public archives in your area will keep a record that the transaction occurred. Information about other events that occurred on the property, such as levies or liens, will also remain in these public records. According to...
What is the difference between arbitration and mediation?
Business disputes are almost never good for business, particularly if they end up going to court. Litigation is time-consuming and expensive. Even worse, if the litigation process turns hostile, it can ruin valuable relationships with other entities. This is why it is...
Will a quiet title action enable you to buy your dream home?
The home you have long coveted in Palos Verdes Estates has finally come on the market, and you intend to purchase it. However, it appears there are breaks in the chain of title. You may have to file a quiet title action before the transaction to buy the property can...
Which document can help me remove a shareholder?
Harmony among business co-owners is important. In the event conflict breaks out between shareholders, it may become necessary to part ways with the dissenting co-owner. Removing a shareholder is not always easy, though. You could end up in litigation if you do not...
What should you include in a real estate contract?
Purchasing your first home or investment property is a milestone. However, if you are unfamiliar with the process, you can end up paying more than you expected. Finding the right property with the right conditions takes time. After you spend the time and money finding...
Does buying a place with a party wall change your due diligence?
No one has to tell you how hot California's real estate market has been lately. If you are trying to purchase your first home, you simply may not be able to afford the down payment on a single-family residence. After all, according to Zillow, the average house in the...
Differences between general and limited partnerships
The roles and responsibilities of each partner could help determine who acts as a general partner or a limited partner. The California Secretary of State website notes that when at least two individuals begin a business to generate profit, they create a general...
Should partnership agreements have dispute resolution clauses?
Having a successful business often means working with one or more others. After all, even if you have a brilliant idea, you probably need help with something. If you can find the right partners who are willing to focus on the same goals, you can put your venture on...
How may a shareholders’ agreement prevent disputes?
Owners of close corporations registered in California may sell shares of their businesses to raise capital. If you started a new business or need funds to expand, a well-written stockholders’ contract could help you attract investors and build mutually rewarding...