When starting a new business, choosing the right structure is a consequential process, for both legal and financial reasons. One relatively popular option is to structure a new business as a corporation. This opportunity can offer significant advantages in terms of...
Year: 2024
What’s next for California’s commercial real estate sector?
With the rise of remote work, the rise of interest rates and the destabilization of the housing market over the past several years, even very valuable California commercial real estate markets have fallen on hard times. Unfortunately, unless creative solutions are...
How uneven workloads can cause partnership conflicts
Different factors can lead to partnership disputes, including uneven workloads. If a partner spends more hours in the office or feels like they do more work than the other, they may believe they are not viewed as an equal. Accordingly, disputes may arise. If you are...
Important California real estate laws
California has a thriving real estate market, and navigating its legal landscape successfully requires understanding key laws and regulations. Whether you're buying or selling property in the Golden State, being aware of these laws is crucial for smooth transactions....
Responding to the misappropriation of trust assets by a trustee
A trustee may have to devote years of their life to managing trust resources. In California, a well-funded trust can provide intergenerational asset management. A trust may offer benefits for the person creating the trust and those expecting distributions from the...
The facts about recent MRL changes
The mobile home residency law (MRL) has recently been updated. As of the 1st of February, 2024, mobile home park managers need to be able to provide written notice to those living in the park about these updates. If they are asked for a copy, they have seven days to...
LA rent Registry
On October 1, 2021, the Los Angeles County Department of Consumer and Business Affairs (DCBA) launched the Los Angeles County Rent Registry as part of the County’s Rent Stabilization and Tenant Protections Ordinance (RSTPO) and the Mobilehome Rent Stabilization and...
Why do you need a buy-sell agreement with your business partner?
Whether you’re going into business with your best friend, your parent, your sibling or just somebody you know, you need a contract – and a key feature of that contract should be a buy-sell agreement. A buy-sell agreement is basically a plan for handling various...
What are the essential elements of a partnership agreement?
When entering into a business partnership, it is crucial to have a well-drafted partnership agreement that outlines the terms and conditions governing the relationship between each interested individual. It is, therefore, of critical importance for all parties to...
Can employees discuss their wages with other employees?
In California, the topic of employees discussing their wages in the workplace is governed by specific legal protections. Both employers and employees need to understand the legal framework surrounding this issue. California law supports wage transparency and...