Effective Legal Resolutions, Done Efficiently
Residential leases in California and around the country are fairly straightforward, but things are far more complicated in the commercial real estate sector. Some commercial leases are very similar to residential leases and require landlords to take care of property...
When buying a home in San Jose, California, it's essential to understand that escrow is a legal and financial procedure used to provide security for a sale or other property transfer. What is an escrow account? An escrow agreement is a legal document to hold funds to...
When leasing commercial property in California, it is vital to have a clear and concise lease agreement to protect the interests of both the tenant and the landlord. However, how you draft the lease can indicate the success rate. Therefore, be sure to have precise...
When it comes to commercial real estate transactions, there are several ways to secure a property. One way is to have a "Right of First Offer" (ROFO), a concept that many investors are familiar with. What is the meaning of ROFO? ROFO is a contractual agreement between...
If you're moving into a homeowners association in California, you may want to find out whether HOA fees apply to you and how much you're expected to pay. HOAs collect these payments from the owners of properties within the association to cover various costs. For the...
It’s not uncommon for California parents to leave the family home to their adult child. It’s not always necessary though, and these adult children might end up selling it – a process that can be difficult to navigate so soon after their parent’s death. Probate process...
The average real estate escrow in California takes 30 to 40 days, but it could go faster or slower, depending on your situation. Title defects are an issue out of your control that could delay escrow. For any issues that would cause serious delays, you may have to...
In the state of California, homeowners' associations (HOAs) maintain many residential neighborhoods. As a result, the HOA dictates what you can do to your single-family home, condominium, or townhouse after you purchase it. While the HOA does provide some benefits to...
If you're in the market to purchase commercial real estate in California, you'll need to know how to negotiate a purchase agreement. This can be a daunting task, but if you're prepared and know what to expect, the process can be much smoother. Term sheets and letters...
I don't let my real estate and construction clients sign optional arbitration provisions in contracts. Whenever I see an arbitration provision in a draft contract, I strike it out with extreme prejudice. Then I invariably get the question from the...