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...
Effective Legal Resolutions, Done Efficiently
Month: October 2022
Tips to consider when drafting a commercial real estate lease in California
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...
What you need to know about the Right of First Offer in California
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...