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Building Owners and Limited Liability Companies
Written Contribution by Ryan Blaney From our last article you might remember the mighty LLC. The LLC is a legal business entity whose members cannot be held personally liable for the company’s debts or liabilities. Limited Liability Companies are considered “hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.” […]
Short Term Rental Ban Lifted in Manhattan Beach
Written Contribution by Jonathan Kim In April of 2019, Manhattan Beach City Council adopted a new ordinance, which essentially banned short term rentals in residential zones. According to the city council, the ban was intended to “maintain residential neighborhoods and protect them from the intrusion of incompatible and character-changing uses.” Since the ordinance went into […]
What Entity is Best for My Business?
Written Contribution by Ryan Blaney Unfortunately, there is no “one-size-fits-all” answer for the best business entity type, so let’s take a look at some of the most common types of business entities and what a business owner should know about each one. The first step for choosing the right legal structure for your business is […]
A Closer Look At Force Majeure In Lease Agreements
Expect the Unexpected A Force Majeure clause is commonly found in most contracts, including leases. The clause dictates that both parties signing the lease are absolved of fulfilling obligations in the onset of an extraordinary event, such as: wars, strikes, riots, or “acts of God.” Because of the COVID-19 pandemic, however, an interesting issue is […]
2022 New Housing Law Highlights: Laws Related to Rental Housing
Effective January 1, 2022, there are a number of laws that impact housing development, density, planning and rental housing. Kendall Law has provided some of the highlights of these laws and how they impact real estate professionals, landlords, tenants, property managers, housing developers, real estate investors and property owners. LAWS RELATING TO RENTAL HOUSING AB […]