In Los Angeles, 63 percent of homes are rented. When it comes to property ownership and leasing, the dynamic between landlord and tenant often presents itself as a delicate balance. However, at Hamlin | Cody, we advocate for a paradigm shift – viewing tenants not merely as lessees, but as valued customers. In this blog, […]
Read more...Category: Real Estate Law
Recent Antitrust Verdict & California Real Estate Commissions
If you’re immersed in real estate, the recent antitrust jury verdict of $1.8 billion against the National Association of Realtors (NAR) and two real estate brokerage firms could be a topic of concern, potentially impacting your property dealings. A client recently sought clarity on how this legal development could affect him, prompting a deeper exploration […]
Read more...The Costly Consequences of Overreaching: Lessons from a Property Assessment Dispute
A recent property assessment dispute has shed some light on the importance of careful decision-making and prudent legal counsel. In this case, a property owner challenged the assessed value of their property in an attempt to reduce their tax burden. However, their pursuit of an ambitious claim turned out to have costly implications serving as a […]
Read more...A Powerful Tool for Due Diligence in Real Estate and Business Transactions | California Public Records Act
The California Public Records Act promotes transparency, accountability, and public access to government records. A public records request (PRR) can be a useful tool in undertaking due diligence in real estate and business transactions. With a PRR you can verify facts, find documents, and trace history. You can vet the parties with whom you want […]
Read more...Easing Into Easements: The Basics
Easements are non-possessory interests in real property known in the law as “servitudes.” In other words, an easement owner does not own the property itself. Easements allow one party to use the land of another party for a specific purpose. Also referred to as a “restricted right,” this is the right to use another’s property […]
Read more...Contract Formation – What to Consider and How to Get Started
In order to reduce the potential for conflict, contracts provide clear and binding terms. The enforcement of a written contract is far easier than an oral agreement, especially when it outlines the parties’ rights and responsibilities clearly. In contrast to law firms that only draft legal documents, Hamlin | Cody does more than that. Our […]
Read more...Good News for Homeowners
Effective January 1, 2021, the California Homestead Exemption was significantly increased to the greater of $300,000 or the countywide median sale price of a single-family home in the calendar year prior to the year in which the exemption is claimed, not to exceed $600,000. Moreover, the exemption amount, whether $300,000 or $600,000 is adjusted annually […]
Read more...Neighbor Disputes
Unfortunately, neighbor disputes are common. What two people think is appropriate neighborhood behavior may differ, and it can cause unwanted turmoil in a community. You may have neighbors who, despite your many polite notes or interactions, insist on treating part of your land as if it were theirs. Some neighbors may be disrespectful and it […]
Read more...Marnie Cody on Reviewing Your Lease Language for Relief During a Pandemic
By Marnie Christine Cody, Attorney, Hamlin | Cody The Billboard Insider recently published an article on Force Majeure about lease relief that may be available in certain cases. While it raised a number of good points, our partner Marnie Cody felt it was important to expand on it the concept. Richard Hamlin and I have […]
Read more...5 Tips for Becoming a Successful Commercial Lessor
Owning and leasing commercial property can be profitable and rewarding, or a mental and financial drain. Lessors and real estate investors know that, when done correctly, a commercial rental property can offer significant opportunities for cash flow and long-term appreciation. Whether you are a seasoned professional or a first-time lessor of a commercial property, it […]
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