Under normal circumstances, a contract obligates each party to perform their respective duties and obligations as outlined within the agreement. However, unforeseen events or circumstances beyond the control of either party, such as natural disasters, acts of...
Real Estate
3 issues that could cancel a residential real estate closing
Both the seller and the buyer involved in a residential real estate transaction in California have an interest in completing a transaction in a timely manner. It can take weeks to plan for a move to a new home, and there are many other logistical challenges that...
A seller’s handbook: Critical steps in selling your home
Selling your home can seem daunting, especially if it’s your first time or you've not sold a property in a while. However, the process becomes more manageable when you understand the crucial steps involved in closing the deal and what to expect during the entire...
Types of commercial leases
Choosing the right commercial lease is crucial for any business owner venturing into commercial real estate. The terms of the lease can have a significant impact on your business's bottom line, as well as your daily operations. Selecting a commercial lease isn't just...
What to do when you buy a home with undisclosed defects
Investing in a home is a significant move. You researched, hired a reliable real estate agent and carefully reviewed the disclosure statement to get an ideal home. Unfortunately, a seller or realtor may not act in your best interest by failing to disclose the defects...
3 contingencies to consider when closing on a home
A contingency clause allows you to withdraw from an agreement to buy a house, without penalty, in specific circumstances. As withdrawing from a signed promise to buy may otherwise be expensive or even impossible, it’s crucial to include all the contingencies you might...
3 biggest lies dishonest real estate agents are guilty of
Most real estate agents are diligent workers who genuinely care that their clients obtain a good deal for their homes. However, like in any field, there are some bad apples. Dishonest agents who only care about commissions might lie to clients to secure a listing. 1....
What are my obligations as a commercial property lessor?
Commercial property leasing is an investment that requires thorough management and operation. And to ensure proper management, lessors need to understand their obligations fully. Otherwise, they might face complexities relating to the lease, which can also lead to a...
Why would a tenant want to use an escape clause?
Landlords will sometimes find themselves dealing with tenants who would like to add an escape clause to their lease. Perhaps this is a tenant who is renegotiating their lease, or maybe they’re just considering leasing a location for the first time. An escape clause,...
How do commercial landlords price leases?
As with many things regarding commercial property, lease pricing is more complicated than that used for residential property. Commercial landlords can choose from one of several ways to price their premises. Not only can that make comparing the price of different...