Written Contribution by Jonathan Kim Homeowners for a beach front property in Malibu were slapped with a hefty fine of $4.1 million after refusing to comply with an order to cease and desist from the California Coastal Commission. The Commission utilized Public Resources Code Section 30821, which allows for a penalty of up to $11,250 […]
Written Contribution by Jonathan Kim California is already a tough market for homebuyers, yet fraudulent real estate schemes are making the market even tougher. Some prospective homebuyers across California are finding themselves as victims of predatory fraud schemes. These schemes prey on desperate and panicked homebuyers who are feeling the squeeze of low real estate […]
Written Contribution by Ryan Blaney From our last article you might remember the mighty LLC. The LLC is a legal business entity whose members cannot be held personally liable for the company’s debts or liabilities. Limited Liability Companies are considered “hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.” […]
Written Contribution by Jonathan Kim In April of 2019, Manhattan Beach City Council adopted a new ordinance, which essentially banned short term rentals in residential zones. According to the city council, the ban was intended to “maintain residential neighborhoods and protect them from the intrusion of incompatible and character-changing uses.” Since the ordinance went into […]
Written Contribution by Ryan Blaney Unfortunately, there is no “one-size-fits-all” answer for the best business entity type, so let’s take a look at some of the most common types of business entities and what a business owner should know about each one. The first step for choosing the right legal structure for your business is […]