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Tips for Buying a Building With Commercial Leases

August 19, 2019

Purchasing commercial property is a different experience than purchasing a residential home, and this is especially the case if you are buying a building with commercial leases. Commercial property has the potential to be a great investment, but it also comes with significant responsibilities. However, …

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Recent Blog Posts

Right of First Refusal in California Leases

June 2019

Right of First Refusal in California Leases. It must be set forth in the contract and even then only arises if the owner decides to sell. But if the owner decides to sell and gets a bona fide offer from a 3rd party, the right …

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Potential clients wanted to get out of a purchase contract because there was a 5G cell transmitter on a nearby telephone pole

June 2019

Potential clients wanted to get out of a purchase contract because there was a 5G cell transmitter on a nearby telephone pole. They had waived their contingencies but insisted that Seller failed to disclose the transmitter. The question is: What do you need to disclose? …

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I received a call from a husband and wife (both attorneys)

June 2019

I received a call from a husband and wife (both attorneys). They had waived their contingencies but felt they had a 3-day period in which to cancel after certain disclosures. But they didn’t want to cancel in case the Seller tried to keep their $100K …

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A potential client owns a retail store in a shopping center in DTLA

June 2019

A potential client owns a retail store in a shopping center in DTLA. He renewed his lease in November but now the landlord has notified him that they are closing the center entrance next to his store for 2 years of construction. He is worried …

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Some potential clients question whether an oral contract is even enforceable

June 2019

Some potential clients question whether an oral contract is even enforceable. (Yes, they are). The same goes for partnerships–there is no requirement that there be a written partnership agreement. In fact many partnerships are based on a handshake or just a history of behavior. Of …

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Our client entered into a contract to purchase a property

June 2019

Our client entered into a contract to purchase a property. The Seller, however, later found a better deal and reneged. We are suing for specific performance to force the sale. The Seller has answered that he is depressed and therefore unable to enter into contracts …

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