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Navigating Legal Paths And Complexities
In April of 2023, a Los Angeles real estate levy pertaining to a sale and transfer tax applied to properties valued over $5 million will take effect. Although commercial real estate developers in San Diego and Orange County may not immediately be concerned about a...
When we reach December, the natural inclination is to look ahead to the future. The last year was undoubtedly tumultuous in the real estate market, especially at the residential level. Next year may offer a much different story. Residential real estate may stay hot...
Like many cities throughout the county and state, the San Diego City Council recently considered an ordinance which would effectively ban most short-term property rentals within city boundaries.On Tuesday night, in a 7-2 vote, the City Council voted to reject an...
On September 27, 2016, California Governor Jerry Brown signed Senate Bill No. 1069 into law, which will help to reduce regulatory barriers facing homeowners when seeking to build a granny flat (referred to as an "accessory dwelling unit") on their real estate....
Residential landlords must be careful in the wording and explanation of arbitration provisions in lease agreements, especially with Spanish speaking residents. In a recent case, Penilla v. Westmont, a California Appeals Court found that an arbitration provision in a...
In a prior post, we highlighted the sunny outlook for commercial real estate projects in Southern California. Essentially, there is a strong sense of confidence among commercial real estate developers that is expected to last through 2018. With such optimism on the...
A recent trend in Southern California cities has real estate developers concerned. Simply stated, cities are being restricted from issuing zoning changes which are crucial for new development projects. Cities like Malibu, Encinitas, and Newport Beach are just a few...
In our first bi-weekly edition of the North San Diego County Real Estate Update, we wanted to compile a summary of a few recent stories that may be of special interest to our readers. Moving forward, we plan to publish an update every few weeks to note stories that...
After a hard-fought campaign fraught with controversy, Los Angeles developer Rick Caruso has conceded defeat in the special election held in Carlsbad on February 23. The special election was regarding a Caruso Affiliated proposed real estate development adjacent to...
Over the past decade, municipalities up and down the California coast have passed ordinances which limit short-term vacation rentals to properties located within the coastal zone. The City of Carlsbad passed, approved, and adopted Ordinance No. CS-272 on May 5, 2015,...