I would not recommend you include this provision in your contracts. For all the reasons given by the other attorneys, this provision is more than...

After responding to UD case, the landlord served us with interrogatories (DISC-001)?

The Landlord's attorney is allowed to serve you with interrogatories and request that you produce documents. (Code of Civil Procedure Section...

Does a foreign qualified S-corp with no transactions need to pay the CA minimum franchise tax?

Based on the information that you provided, the corporation will be subject to the minimum tax. If the NV S-corporation is qualified to do...

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Attorney to review a CA RE purchase contract for an hourly fee?

You can typically retain an attorney to review for your in a few hours of time. I often represent buyers or sellers in the complete purchase and...

Buying an S Corp Vs. Starting a new one in California

Consultation with a well qualified business attorney is best bet for getting a good answer to your question. The answer will depend on many...

What is the law, if any, on property tax increases based on transferring to an LLC?

To fully answer your question, more information is needed. Who are the owners of the LLC? Are the same owners of the LLC identical to the prior...

Both the LLC and the S corporation will provide you with the liability protection that you are seeking. But, while the LLC is typically the best...

As a seller, can I not fill out the title company's statement of information?

Statements of Information are used by title companies to distinguish the exact buyers/sellers of property from others with similar names. The...

Does one pay taxes on a gift given to you by your parent? The gift being real estate. if so how much when the property is sold?

You have two questions here: 1) did you owe a tax on the gift; and 2) will you owe capital gains tax from the sale of the home. You should speak...

Does a LLC investing in real estate need umbrella insurance ? The LLC is insuring each rental prop with landlord insurance .

The types and the amounts of the insurance will depend on the the amount of assets that you need to cover. You do not mention what assets (other...