Investing in rental properties can feel like a sure bet for increasing income, especially compared to the uncertainties of the stock market. That investment also comes with risks that may not be covered by simple liability insurance, however. Wise property owners must consider the best way to protect their personal assets in the event their…
Many answers to questions from attorneys begin with, “It depends,” followed by a long list of rules, which themselves are followed by a longer list of exceptions. This is not one of those answers! Instead, the answer to whether you should add your child to the home deed is almost always, “Never.” There are many…
Bridge Law LLP partner, Simon Khinda, explains how COVID-19 affects rental obligations and the eviction process.
Important Update for Landlords and Tenants In light of the Coronavirus (COVID-19) pandemic cities, and counties are taking steps to minimize the impact on tenants, including placing moratoriums on evictions, holds on shutting off utilities due to nonpayment, and prohibiting late rent fees. The federal government has suspended evictions and foreclosures in public housing until…
For start-ups and developing organizations alike, signing a lease for a commercial space is often assumed to be just like renting a home or apartment i.e. a lessee pays a specified amount of money to a lessor per month. When in reality there are several different types of commercial leases and basic structures that represent…
How to protect yourself from costly surprises and unwelcome litigation Leasing commercial property brings a whole range of considerations that never muddy the waters when you’re renting to residential tenants. For a start, the stakes are much higher and the amount of expense you can incur from an unreliable tenant can be astronomical. Knowing your…
Read this before you sign on the dotted line of a commercial lease Finding the right space for your business can be tough. You may have conducted a technical feasibility study to assist you in your search, or at the very least compiled an extensive list of essential features. You’ve had to think about location,…
Property owners should educate themselves on how to protect their property. Instinctively, the ominous name “adverse possession” signifies an aggressive and problematic situation a landowner should try and steer clear of. It is. Adverse possession is a legal doctrine which allows a trespasser to gain legal title to land based on meeting certain criteria. Most…
The Top Three If you own your home or you’ve been renting so long that this information is old hat to you, consider sharing the details with a young adult or almost adult in your family who would benefit from this knowledge. One of the best ways to pass on your family wealth is to…
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