In another sweeping decision, the California Coastal Commission has seemingly overstepped its jurisdiction of regulating the use of land and water in the coastal zone by imposing certain breeding restrictions on SeaWorld's orca breeding practices. Specifically, the...
Creative Solutions. Dedication. Guidance.
Month: October 2015
Sue Loftin Selected as a Winner of the 2015 Woman-Owned Business Award
The Firm wants to congratulate Founder and Managing Shareholder, L. Sue Loftin, for being selected as a winner of the Carlsbad Chamber of Commerce's 2015 Woman-Owned Business Award.We would also like to congratulate the other extremely qualified and deserving nominees...
Added Disclosure Requirements for Common Interest Developments
The Davis-Stirling Common Interest Development Act was amended by Assembly Bill 596 which modifies Civil Code Section 5300. Effective July 1, 2016, as part of the Homeowners Association's (HOA) Annual Budget Report required to be delivered to the owners within...
Homeowner’s Associations (HOA) and Mandatory Water Restrictions
With the passage of Assembly Bill 349, Homeowners Associations' (HOA) Board of Directors and their management companies or attorneys should review the Community's architectural and landscaping requirements or rules and regulations relating to permissible and...
Tax-Exempt Status Revoked? (Part 2 of 2)
An automatically revoked nonprofit corporation exemption status can be reinstated. The IRS has principally three categories of reinstatement: Streamlined Retroactive Reinstatement, Retroactive Reinstatement Process within 15 months and Retroactive Reinstatement after...
Tax-Exempt Status Revoked? (Part 1 of 2)
A Nonprofit corporation's tax-exempt status is automaticly revocated when a tax-exempt organization does not file an annual information return or notice with the IRS for three consecutive years. Depending upon the organizations tax requirements, the organization must...
Ground Leases In Southern California
A Brief Explanation Of Ground LeasesA ground lease is lease agreement in which a commercial real estate owner agrees to lease square footage of land, together with approval for the lessee to construct improvements on the land and operate a business on the property....
Redevelopment is Back: Governor Brown Signs AB 2
Despite numerous attempts to revive redevelopment in California, Gov. Jerry Brown has remained steadfast until quite recently. On September 22, 2015, Governor Brown signed Assembly Bill 2 into law.AB 2 permits local governments to form new public bodies called...
