On June 23, the Los Angeles City Council unanimously passed the ordinance (L.A. Mun Code 1514.33) which defines tenant harassment in several ways. Under the ordinance, the City of Los Angeles considers the following as tenant harassment: Reducing or eliminating housing services required by the lease, contract or law; including eliminating parking provided by the […]
Not all rent stabilization rules are the same. Multiunit Properties located the City of Los Angeles are governed by the city’s Rent Stabilization Ordinance (RSO). Multiunit Properties located in unincorporated Los Angeles County have their own rent stabilization rules. There are also separate rules that apply to Santa Monica, West Hollywood, and other cities. But […]
One of the most significant factors to consider when establishing a business entity is the flexibility it provides for a seamless succession plan. Flexibility enables real estate investors the ability to transfer ownership easily. Sole proprietorships are very flexible and easy to transfer because owners of sole proprietorships possess personal liability for any and all […]
What is an Easement? If you have ever owned a piece of property with no access to a road, you likely had a nonpossessory right to use your neighbors’ land to get to the road. In other words — an easement. An easement allows the holder to the right of use of someone’s land for […]
