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August 2017 Archives

Senior concerns when buying residential real estate

Senior citizens may feel a bit foolish looking to purchase their first home, but the truth is there is no reason to feel this way. Buying residential property is an investment like any other, and it can provide a payoff by helping people of any age meet their personal goals. A report from the National Association of Realtors found that people over the age of 52 made up nearly one-fourth of first-time buyers, so California seniors should not feel out of place in making this move.

What is the “grandfather clause” re: ADA compliance?

As drive-by ADA lawsuits continue to punish small business owners, you may be scrambling to determine what must be done to your property to avoid any expensive court proceedings or fines. There are often rumors of buildings being “grandfathered in” with regard to ADA compliance, and you may have heard these rumors. They may give you the impression that if you have been in business for thirty years or longer, all these rules simply don't apply and you are protected. Unfortunately, those are just rumors.

Chinese investors continue to flock to U.S. real estate markets

Orange County and the rest of the extended LA metro area is among the favorite American housing markets for prospective buyers from China. According to a recent report conducted by Investorist, an online platform for real estate transactions, Chinese buyers are the most dominant foreign investors in the United States housing market, and they cannot be dismissed as opportunistic buyers.

Commercial real estate leases and sales brisk

August is usually the slowest month of the year for commercial real estate transactions in California and around the country. This August has been different, however. So far, the summer as a whole has been very busy for commercial real estate and has enjoyed more brisk sales than those of previous years.

Lease dispute headed to arbitration after appeals court ruling

The 2nd District Court of Appeal in California has given a tenant a chance to arbitrate a dispute with a landlord in Los Angeles. This ruling reversed the decision of a lower court that had deemed the arbitration clause to be expired after 30 days from the notice that the landlord sent the tenant to quit the property.

Home sales fell in June

Californians who are involved in the real estate market might be interested in learning that the sale of existing homes fell by 1.8 percent nationwide in June. While fewer closings occurred, that does not mean that the demand for homes fell. Instead, experts say that the process slowed because of a tight supply of homes combined with a price growth that has made it more difficult for buyers to find homes to purchase that fit their budgets.

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L. Scott Karlin

L. Scott Karlin

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David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

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Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

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