A neutron walks into a bar and asks “How much for a drink?” The bartender replies “For you, no charge.” RISE OF THE EV MACHINES…BUT NOT MANY EV CHARGING STATIONS (YET) When it comes to zero-emission vehicles, the State of California has established some ambitious goals: by 2025, the State hopes to see 1.5 million […]
“An ‘as is’ provision may therefore be effective as to a dilapidated stairway but not as to a missing structural member, a subterranean creek in the backyard or an unexploded bomb buried in the basement, all being known to the seller.” Lingsch v. Savage, 213 Cal.App.2d 729, 735-36 (1963) THE THREE LEGAL BASES FOR AN […]
Set forth below is a list of new laws that impact commercial real estate in 2019 with very brief summaries regarding each. This article is based in large part on information developed by the California Association of Realtors. Building Permits: Expiration period extended: A building permit remains valid despite changes in the building code as […]
As we celebrate another banner year of commercial real estate with the 26th annual Broker of the Year awards, we also should take note of some of the accolades recently bestowed upon our fair city: Top “Game Changing” Northern California City: Sacramento (Sunset Magazine, February 2018); America’s stealthy farm-to-fork capital (Thrillist, January 2018); Ranked […]
OR, WHY HIRE A SMART LAWYER AND BE A DUMB CLIENT? Lawyers are expensive, and good lawyers are very expensive. That information comes as no surprise to you, but did you know that there are techniques a client can use to reduce legal costs in commercial real estate transactions? Clients often focus on a given […]
INTRODUCTION Purpose of Presentation: Help Keep the Focus on What’s Important. Modern commercial real estate Purchase Agreements are lengthy and complex, but not all terms are critical. Our goal is to help the parties to focus on what’s important. Suggest Some Best Practices. To suggest some practices that a broker can employ to improve […]
The new documentary transfer tax law eliminates separate unrecorded statements. California law (Revenue and Taxation Code Section 11932) has long required that the amount of the documentary transfer tax be displayed on the face of the recorded instrument.