Last year, the governor of California signed SB 1103 into law. The law expanded the regulatory compliance requirements for commercial property developers. California commercial real estate developers have long fought an uphill battle to survive the regulatory...
Real Estate
Common disputes in commercial lease agreements
Commercial leases outline the rights and responsibilities of both landlords and tenants. However, even with a written agreement, disputes can still happen. These disagreements can interrupt business operations and sometimes lead to legal action. Here are some of the...
3 steps to take during a manufactured home community eviction
Manufactured home communities can be a lucrative investment. Those who develop vacant land and those who acquire existing communities can generate regular revenue. Every rented lot or manufactured home is a source of monthly income. Unfortunately, some tenants...
Why would a property have title defects?
In real estate transactions, there is the risk of a title defect. This can sometimes complicate the process. There are even instances where a title defect could be serious enough to derail the transaction entirely, which can be highly problematic for all parties...
Contingency clauses in a real estate transaction
When a commercial real estate transaction is set up, certain contingency clauses may apply. These can be put into the initial offer made by the potential buyer. Essentially, they are just saying that they are offering to purchase the property at a set price, but only...
4 essential contracts in real estate development
Real estate development can be a lucrative business. However, it is important to navigate legal aspects, such as contracts, efficiently. Developers will be subject to various contracts and they also have to draft contracts that protect their rights. Here are some...
3 commercial lease terms to review carefully before signing
Commercial leases can be an excellent option for business owners and executives. Instead of trying to find financing to purchase property and making a permanent commitment to a specific location, they can try the facility out temporarily to see if it is the right...
What should mobile home lot rent cover?
One major factor when you own or manage a mobile home park is determining what you should charge for lot rent. There are a lot of factors that go into this decision, so you must consider them carefully. The lot rent should be enough to cover that lot’s part of the...
When can you evict a mobile home park tenant?
Mobile home parks are a good investment that offer the potential for stable rental income and long-term value growth. However, running a park isn't always smooth sailing, as not all tenants abide by the established rules and regulations. In California, mobile home...
Is infill housing a good investment?
Affordable housing is in scarce supply in many urban areas – particularly in California. That’s why Governor Newsom just signed an executive order that aims to lower the startup costs for infill housing projects by cutting through the red tape. The goal of the...