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...
Month: July 2022
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...
What does a party wall mean for your home purchase?
Despite a recent uptick in interest rates, California's housing market remains hot. In fact, according to the California Association of Realtors, house prices climbed 9.4% in just one year. This leaves many first-time homebuyers searching for novel ways to purchase...
Which business structures are right for you?
When starting a company, you need to consider your business structure. In some cases, you may need to figure out a structure before registering the business. According to the U.S. Small Business Administration, several structures to consider. Limited liability company...