Almost every purchase and sale agreement will require two separate negotiations: a letter of intent and a detailed purchase and sale agreement. The letter of intent can be made non-binding, but even if this is the case, once it is in writing, it is a key player in the...
Palos Verdes Estates Real Estate Law Blog
Top 5 Ways Businesses Can Avoid Litigation
If your company becomes non-compliant to the law you could find yourself in the midst of a long and expensive trial. As almost any experienced business attorney would agree, the best method of dealing with this type of business issue is to focus on prevention....
How to Understand Zoning Laws for Commercial Real Estate
Many would agree that one of the most important elements of any successful business is: location. One of the most important elements of any business location is proper zoning. When considering any piece of commercial real estate for development of use as a commercial...
Commercial Real Estate Disputes and Resolving Through Mediation
If you are involved in a commercial real estate dispute, it may be a good idea to consider mediation. Mediation has been proven to be effective in this type of situation for a variety of reasons. In many situations, mediation can be completed within a few months of...
What is Eminent Domain?
Eminent Domain is the legal power to take private property for public use by a state, municipality or private person or corporation that is authorized to act on behalf of the public character, following the receipt of payment or other just compensation to the...
How to Handle Fire Damage to Your California Rental Property
According to the National Fire Protection Agency, there were close to 370,000 home fires in 2013. They resulted in $6.8 Billion in damages. A substantial number of these fires occurred in rental homes. Do you own a rental property in southern California? Do you know...
A Few Contract Terms to Protect Your Business
In today's business world, litigation is fairly common. That's why it's become just as common for businesses to proactively protect themselves against legal issues. Sadly, this practice is particularly rampant in the construction, building and real estate industries....
Issues to Consider When Creating Commercial Leases in California
When you are creating a commercial lease on a southern California property, it pays to consider the individuals, groups of individuals or companies that will be considering it once completed. It also pays to remember that the creation of a lease prior to negotiations...
How to Handle a Mechanics’ Lien on a California Property Title
Sometimes it feels like closing on a real estate transaction is full of hidden traps; tiny details that pop up at the last minute threatening to derail the entire deal. When you're selling your property, it's best to expect a surprise or two. If you are prepared with...
California Housing Market: Recent Reports Indicate Employment’s Impact
Many are watching as Southern California's construction industry continues to slowly gain traction after years of decline, southern California real estate investors particularly. And a recent report issued by Los Angeles County Economic Development Corp. pointed out...