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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I had a case where a consultant sued my clients–Directors of a bank–claiming an oral joint venture to build a cellular paging company in Mexico. He claimed that he was promised a new Cadillac, $50,000, a percentage of the profits and more. At trial I …
Read MoreOur client entered into an oral contract. The plaintiff would contribute seed money to get the business going. Our client would enter into a lease, contribute money and start the business (do the work). Plaintiff would sell the final product for a higher-than-normal commission. Or …
Read MoreClients were buying a multi-million dollar house on the Westside. They waived the inspection contingency but, because they had not yet received the Santa Monica Residential Property Report, added a contingency for approval of that report. Everyone agreed. Report uncovered problems with permitting and there …
Read MoreReal estate attorneys in Los Angeles often deal with real estate disputes between neighbors over rights to property. Boundary disputes often involve claims of quiet title (who owns this property?) or some type of prescriptive or equitable easement (who has a right to use this …
Read MoreNo one hopes or expects to encounter problems in commercial real estate when it comes to partnership agreements. However, partnership disputes can be caused by many different situations, such as declining profits, disagreements over the direction or management of operations, and issues of ego. If …
Read MoreBuyers in certain contract situations can utilize a form of relief known as specific performance to force sellers to go through with their part of the deal. Click here to learn more about when you can use specific performance in your contracts.
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