Commercial Lease Red Flags in California
Learn the biggest commercial lease red flags California business owners should watch for, including rent increases, personal guarantees, repair costs, and default clauses. Discover how careful lease review can help avoid hidden expenses, legal disputes, and costly long-term obligations.
Developing in the Lake Tahoe Basin: TRPA Development Rights
Development in the Lake Tahoe Basin is heavily regulated by the Tahoe Regional Planning Agency (TRPA). This article explains transferable development rights (TDRs), including RUUs, TAUs, and commercial floor area, and outlines the options available to property owners seeking to develop or transfer rights.
The Economics of Percentage Rent in Retail Leases
While the fixed-rent model remains standard, percentage rent offers a unique financial partnership that aligns the interests of landlords and tenants. However, the devil is in the details—specifically in how the lease defines "revenue." In this article, our Real Estate Practice Group breaks down the economics of the "natural breakpoint," the risks of audit clauses, and how to negotiate "Gross Sales" definitions that protect your bottom line without stifling growth.
Blended Property Tax Bills Complicate Co-Ownership in California
In California’s soaring real estate market, co-ownership is a rising trend, but it comes with hidden tax complexities. When multiple owners share a property, they receive a single, blended tax bill that reflects a mix of old and new assessments. Without clear legal guidance, dividing that bill fairly can become a financial and legal minefield. This article explores how Proposition 13, reassessment rules, and ownership structures collide, and what co-owners can do to protect themselves.
Equity Appreciation Agreements Offer Cash Now, but at What Cost Later?
Homeowners are turning to equity appreciation agreements for cash without taking on new debt. But trading future equity can have significant long-term costs.
Recent Amendments to California Civil Code Section 1950.5: What Landlords and Tenants Need to Know
California’s Civil Code § 1950.5 has been overhauled. Starting July 2024, most landlords cannot charge more than one month’s rent as a security deposit. New requirements for inspections, documentation, and photographs will continue phasing in through 2025—strengthening protections for tenants and increasing compliance obligations for landlords.
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