Review and preparation. Insist that your client talk with an attorney like me before signing a guarantee. I can almost “guarantee” you that the guarantee has language that could cause VERY serious UNINTENDED and UNEXPECTED consequences.
Download a compilation of the rules for working with property in another state.
BLGBus RE State License Portability Chart
Attached are two of the court of appeals cases we discussed recently at the Land Meeting. Continue reading
Attached is a copy of the Final Statement of Reasons prepared by the California Energy Commission. I’ve highlighted sections in this document that make it clear that no tenant consents are needed by the utilities before they can upload building utility use information. See pages 15-18, 20 and 27.
Executive Real Estate Problem Solver! Continue reading
The following is intended to provide general information about the subject matter covered. It is not meant to provide legal opinions, offer advice, or serve as a substitute for advice by licensed, legal professionals for your particular situation.
Laws and interpretations of those laws change frequently and the subject matter below has important legal consequences. If not understood, legal, tax, or other counsel should be consulted. All risk of loss or damage is solely that of the user of the form below.
California Courts in Crisis: What Every Landlord and Foreclosing Party Needs to Know.
Tenants’ Court Program for UD Defendants
1031 exchanges out of California still being obligated to pay California for any capital gains.
Beware of The California Claw-Back At first glance
Section 313 of the California Corporations Code provides:
Subject to the provisions of subdivision (a) of Section 208, any note, mortgage, evidence of indebtedness, contract, share certificate, initial transaction statement or written statement, conveyance, or other instrument in writing, and any assignment or endorsement thereof, Continue reading
This white paper from Jones Lang LaSalle surveys what you (and your clients) need to know. The changes are significant.
Do you own a delinquent promissory note secured by real Property?
All owners and property managers for commercial buildings over 5,000 sf must pay attention to this excellent synopsis of the new laws. Continue reading
Thanks, Brent, for forwarding this.
According to the Court of Appeal decision, the following sub-paragraph is common to many CMBS Separateness Covenants: The borrower shall not,
“fail to remain solvent or pay its own liabilities (including, without
limitation, salaries of its own employees) only from its own funds;”
EXECUTIVE LEVEL COMMERCIAL REAL ESTATE PROBLEM SOLVER can help you, no matter how large or small your problem. From vacant land to the lease or sale of developed properties. FREE TELEPHONE CONSULTATION. Very Reasonable
Business & Real Estate Attorney focusing on finance, including clearing up title, dealing with liens (e.g., judgement liens, UCC-1 & Trust Deeds), and reviewing custom leases.