Arbitration Agreements in employee contracts are receiving close scrutiny by the California courts. While the state laws favor enforcement of valid arbitration agreements, the courts are reviewing the mandatory arbitration agreements in the employment arena to ensure...
Month: February 2016
Steps foreign investors must take when purchasing real estate
In a prior post, we noted how foreign real estate investment was likely to increase in 2016 because market for commercial properties was such that opportunities would be difficult to pass up. This, combined with Congress relaxing tax requirements for foreign...
AIR Form Commercial Lease and Tenant Concerns – Part 1
The AIR Standard Form leases for commercial leasing are common. While there are advantages to using the lease for both parties, there are also risk that the parties should be prepared to address. This multi-series blog will focus on areas of the AIR Form lease of...
ALTA/NSPS Requirements Change Effective February 23, 2016
On February 23, 2016, the 2016 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys will become effective (superseding the 2011 ALTA/ACSM standards).An overview of the changes (courtesy of Chicago Title Insurance Company) include (among others):...
Lender Relief for Condominium Projects
Lender Relief for condominium projects comes from the House of Representatives. The House passed 427 to 0 a bill entitled "House Opportunity through Modernization". Under the bill, the rules and regulations of the FHA are being relaxed. Approximately, ten...
Nonprofits – Are Your Donors’ Gifts Safe?
Public Nonprofits and 501(c)(3) chartiable organizations have an obligation to ensure the donations received are properly documented. The IRS regulations are complicated and cumberson. The failure to follow the IRS regulations related to...
City of Carlsbad Exempts La Costa Condos from Short-Term Vacation Rental Ordinance
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,...
California Coastal Commission Decision – Exec. Director Lester is Out.
For the first time, the California Coastal Commission has terminated the services of its Executive Director, Dr. Charles Lester. (For a full report of the decision, see this recent LA Times article).As we've prevously stated, the dismissal controversary has...
Will the California Coastal Commission choose a new leader?
Commercials about California tourism may focus on how celebrities live their lives and have fun across the state, but arguably the real draw is the state's natural beauty; especially along the coastline. The Pacific Coast Highway is world renowned for its unspoiled...
Ever Changing Court Rules May Cost Clients Money & Delays
Litigation is expensive and time-consuming, but at times it is part of our personal and business lives. The court system is suffering from a lack of funds to properly staff for the needs and demands of the public. In an effort to cut down on courtroom time by...