For most people, a primary residence is the largest investment they will make over their lifetime. Therefore, it's no surprise that people will be curious, critical, or even opposed to any type of real estate development in their community which they feel could have an adverse impact on the place they chose to live. This is frequently the case with affordable housing, where the age-old 'not in my backyard' stigma often stems from beliefs that [...]
Many commercial landlords are faced with a tenant's surrender of the premises. When a tenant breaches a commercial lease by abandoning the leased premises, landlords often wonder whether they can sue the tenant to collect the remaining rent owed through the end of the lease term. If the commercial lease allows the landlord to recover "accelerated rent" (and if it contains the appropriate liquidated damages language), then the landlord may be able to recover a lump sum [...]
Responding to the winter storms of 2023 that have battered California, Assembly Member Dawn Addis has introduced Assembly Bill 877, the "Good Neighbor Tax Credit," that, if enacted, would provide a tax incentive to qualified owners of transient lodging that make rooms available, free of charge, in support of the bill's stated goal of "increasing access to shelter for displaced persons during declared emergencies, including natural disasters." For the 2023 through 2028 tax years, AB [...]