Corporate due diligence involves assessing legal risks within a company. It helps business leaders make informed decisions and avoid potential legal pitfalls. There are several areas to cover to ensure full compliance. Here are three of the most common examples of...
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...
The role of a trustee can be demanding. A trustee often takes on responsibilities that last for years. They have to manage trust assets and distribute them in accordance with the instructions provided by the trustor. Depending on the assets used to fund a trust, the...
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...
Estate administration in California is a complex process that follows specific legal requirements. The timeline can vary depending on the size of the estate, the presence of disputes and court schedules. Here is an overview of the typical steps involved and the...
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...
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...
Some trustees only have to fulfill their responsibilities for a specific amount of time. They manage trust assets until they have distributed them according to the instructions of a trustor or oversee personal resources for vulnerable older adults during their golden...
As the CEO of a company that is in a slump, you know that your only option may be to lay off a percentage of the staff. Maybe the business was growing consistently, so you kept expanding the workforce. But due to a recent decline, you need to drop about five or 10% of...
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...
