News and Tips
Evaluating a Purchase of Rental Property
A purchase of a vacation home, income or rental property can be an exciting addition to your assets. Before you make the decision to take this step, it is highly recommended that you gather information and documents to assist your CPA and other trusted advisers in...
California LLCs, Corporations and Sole Proprietorship
A. Sole Proprietorship The sole proprietorship, with a single owner, is the simplest form of business enterprise. The owner has total control over the management of the business. The proprietor must comply with all applicable permit and licensing requirements...
Landlords: 5 Tips when Tenants don’t pay Rent
1. The Rental Agreement or Lease The landlord and tenant relationship is governed by the parties’ agreement. The rental agreement should be in writing so that the terms of the relationship are clear to each party. Sometimes a landlord allows a tenant to occupy their...
Improve your Company’s Review and Approval of Contracts and Documents
To be sure that issues relating to a proposed contract are identified and addressed it is important for a business to create and follow contract review and approval procedures such as the following: To assist with negotiation of the essential terms of the contract,...
Guidelines to Avoid Costly Mistakes when Selling your Real Property
1. Select a reputable and experienced professional It is crucial to properly protect yourself when selling your home by becoming informed. There are many complex legal issues in a real estate transaction. The first step in...
FAQ for Contractors about the Mechanics’ Lien Process
Step 1- The Preliminary Notice Preliminary 20-day notice is required by every person who does not have direct contract with owner or contractor and who furnishes labor, service, equipment, or material for which lien or payment bond may be claimed, or for which stop...
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