Real Estate Law News and Insights

Los Angeles Citywide Adaptive Reuse Ordinance: A Push Towards Sustainable Housing

Published: Aug 11, 2023
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The City of Los Angeles's Planning Department is proposing an expansion to the City's innovative adaptive reuse policies. Specifically, the City is proposing to amend Sections 12.03, 12.22 A.26, 12.24 X and 16.05 of the Los Angeles Municipal Code (LAMC) and Adaptive Reuse Incentive Areas Specific Plan (Ordinance No. 175,038)...

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Renting Out A Second Home Is No Vacation

Published: Aug 02, 2023
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Many property owners aren't aware of the potential risks associated with the booming short-term rental industry. First things first for financial advisors with clients who are renting out their second homes: Make sure they get paid for the entire season upfront, not month-to-month. Americans are getting out of town in...

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Base Year

Published: Aug 02, 2023
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One important lease provision that any tenant should be aware of is the provision that sets forth various types of "additional rent" the tenant will be responsible for. It goes without saying that tenant's additional rent payments are important to understand because these types of cash outflows can inherently affect...

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