A buy-sell agreement is a contract that lays out the terms and conditions under which property ownership transfers from a seller to a buyer. It includes the agreed-upon price, the terms of payment and any other necessary conditions to complete the transfer. Key...
Zoning laws play an important role in real estate. They determine how people can use different areas within a city or town and help organize urban spaces into residential, commercial, industrial and other specific zones. Zoning laws can significantly affect the value...
When it comes to putting up a new fence in California, many homeowners wonder whether they need their neighbor's permission. Good fence etiquette can help avoid misunderstandings and foster good relationships with neighbors. No matter what, it is a good idea to...
Pooling resources with family members to invest in a California vacation property can be exciting. However, everyone should approach these investments with caution to prevent potential pitfalls. Otherwise, common mistakes could occur. 1. Lack of clear communication...
Investing in real estate can be a lucrative venture, but navigating the complexities of taxes can be a daunting task. However, savvy investors use a certain strategy to defer capital gains tax and maximize profits – the 1031 exchange. Learning more about this type of...
Property deeds serve as legal documents that transfer ownership of real estate. Knowing the different types of property deeds is important for both buyers and sellers. Each type offers distinct rights and protections. 1. Grant deed A grant deed is the most common type...
California apartment complex owners often find themselves dealing with various boundary issues with neighboring businesses. These disputes can arise due to a multitude of reasons. They create challenges that require careful consideration and resolution. 1. Shared...
A quitclaim deed is a legal instrument used to transfer interest in a property. Unlike a warranty deed, a quitclaim deed makes no guarantees about the property's title. Instead, it simply transfers the interest the grantor has in the property to the grantee. This can...
Doing business with relatives can complicate relationships. However, financial transactions with family members can become unavoidable, such as when siblings receive a piece of land as an inheritance. If family members jointly own a piece of real estate but do not...
In the dynamic landscape of commercial real estate, the decision to lease or buy a property is a pivotal moment for businesses. It involves careful consideration of various factors that can significantly impact the company's financial standing and operational...
