A "professional corporation" is a corporate form that may render its professional services through licensed individuals in a particular profession. See Corp. Code § 13405(a). In California, professional corporations may only be formed to render services in the...
Creative Solutions. Dedication. Guidance.
Month: October 2014
Retail Leasing During the Holiday Season
Commercial retail tenants generally look forward to the holiday season. While there are a number of operational and retail issues that need to be addressed, commercial tenants also need to understand their rights and obligations under their commercial real estate...
Do You Know When Your Commercial Lease Begins?
It may seem like such a simple question, but commercial tenants and landlords often do not know the specific date that a lease will commence. Many commercial real estate leases, whether for an office, retail or industrial space, have several conditions that must be...
Choice of Business Entity Blog Series, Part 3: Legal Requirements
In the third and final installment of our three-part blog series on choice of business entity, we will examine how the different legal requirements of the business entity may affect your operations going forward. Like other business lawyers, we are always focused on...
Choice of Business Entity Blog Series, Part 2: Financial and Operational Risks
Today, in part two of our three-part blog series, we are going to look at how certain financial and operational risks associated with the nature of your business should be taken into account prior to selecting an entity type. Like most decisions made by entrepreneurs,...
Choice of Business Entity Blog Series, Part 1: Management Structure
This week we are excited to announce a three-part blog series on one of the toughest decisions when starting a business - which organizational structure to choose! Specifically, we are going to hone in on three general considerations that every business owner needs to...
SB 1171: Mandatory Disclosure for Commercial Real Estate Professionals
On August 15, 2014, Gov. Jerry Brown signed Senate Bill 1171 (Hueso, D-San Diego) into law. SB 1171 will become effective January 1, 2015. Under SB 1171, commercial real estate agents and brokers will need to disclose any proposed dual agency role to the potential...
What is “Funding the Trust” and Why is it Important?
After an individual's death, assets titled in the decedent's (the deceased individual) name must go through probate (a process in which the court supervises the distribution of the deceased's assets). By properly forming and "funding" your revocable trust, formal...
