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Before COVID-19 hit, most people couldn’t tell you the definition of a force majeure clause. Simply put, a force majeure clause excuses a party from performing under a contract, if their performance becomes implausible or impractical, because of some unforeseen or unanticipated event. These uncontrollable events are also known as “Acts of God”. Parties often place force...
As we approach the so-called Covid-versary, California appears to be inching towards a full reopening. But an important question looms: Are we ready? Yes, the number of vaccinated residents across the state continues to rise. Plus the recent approval of the Johnson & Johnson single-use vaccine brings more good news in the ever-evolving fight against this epidemic. Ho...
When you sell your home, it can be tempting to gloss over that leaky plumbing your cousin “fixed.” But this isn’t Craigslist. And California Case Law declares that it’s a home seller’s legal obligation to disclose to the buyer any known material facts impacting a property’s value or desirability. A transfer disclosure statement (TDS) allows a seller to ta...
After a summer that had its fair share of scorching moments, we’re deep into fireplace season here in California. True, we don’t have to ignite the ol’ fireplace too often here in the southern part of the state. But when we do, nothing can quite match that cozy feeling. Perhaps you’re shopping for Los Angeles houses with fireplaces. Or maybe you just want to up the value...
Assembly Bill 12 (AB12) is a significant piece of legislation in California aimed at making housing more accessible and affordable by limiting the amount landlords can charge for security deposits. Here's a simple summary that includes the exception for small landlords, along with the effective date of the bill: What AB12 Does: Limits Security Deposits: Starting J...
Photo Credit: Envato Is it better to rent out or list homes for sale in California? You’d be surprised how much this question comes up. There’s no denying that property is a solid investment. But when you’ve generated enough wealth to consider retiring your primary residence to an investment property, it’s time to make that crucial choice. Is it more lucrati...
