What You Need to Know About Proposition 19 and Property Transfers in Ventura County
When Proposition 19 took effect, it altered longstanding rules about property tax assessments, especially in Ventura County. Homeowners over age 55, those with disabilities, and heirs all face new conditions when transferring property. If you own real estate in Ventura or plan to pass it on, it is essential to understand...
How to Avoid Landlord Disputes for Your Commercial Property
Commercial real estate is used exclusively for business purposes, such as retail spaces, offices, industrial facilities, hotels, and warehouses. Many businesses lease their locations. Disputes may arise between landlords and tenants. Understanding how to avoid and resolve disputes can reduce the risk of commercial litigation. Our California real estate attorneys...
Precautions in Real Estate Litigation
Real estate litigation can arise from various issues, and taking precautions can help minimize the risk of legal disputes. Here are some precautions to consider:
Thorough Due Diligence:
Conduct comprehensive due diligence before purchasing or investing in real estate. Verify property...
How a Lawyer Can Help in Commercial Leases
Commercial leases in California set the framework for the relationship between landlords and tenants, impacting everything from the day-to-day operations of a business to long-term growth. These agreements address critical details like rent, property maintenance, and tenant improvements. The terms are often complex, and how they’re structured can significantly affect the future...
Winning Punitive Damages When Defendant Defaults
Lawsuits in real estate transfers can include breach of contract allegations, and also fraud allegations if the seller failed to properly disclose defects in the purchased residence.
The residential purchase agreement includes a separate form called Transfer Disclosure Statement (“TDS”). This form is required to disclose any known defects...
Commercial Tenant Exit Strategies
You found the perfect location for your business, retail store or office, and you are ready to sign the lease! Unlike residential leases, which usually have a 1-year term, a commercial lease can be much longer, typically 5-10 years. Before signing a commercial lease, a business tenant should consider all the ways...
Top 3 Real Estate Tips for Small Businesses
Buying Property? Consider How to Hold Title
By: Ted Schneider, Esq.
You are purchasing a home, and the escrow officer asks, “How do you want to hold title to the property?” In the context of your overall home purchase, this may seem like a small, inconsequential detail; however, this decision is far from trivial. A property...