Putative partnership re income producing property.

The most important step you can take is to have a written agreement covering all of the key issues, whether you structure the deal as a tenancy in...

How do you sell a sole proprietor business?

Supplementing the general comments others have offered, here are a few specific thoughts: The value of a business is usually a function of its...

What is the best way to bring two current employees into my S Corp as owners?

I concur in everything my colleague Michael Doland said to you: considering equity ownership vs. contractual profit sharing, retaining control of...

What documents are required by law to file with the Los Angeles County Assessor when transferring real property. if any?

Under California Revenue and Taxation Code Section 480.3(a), “Each county assessor and recorder shall make available, without charge and upon...

The right or obligation to buy or sell existing shares as between shareholders and the company is generally governed by a Buy Sell Agreement...

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Does owner have a joint tenancy or tenancy in common?

The quick and easy answer is that one joint tenant can sever the joint tenancy and convert all joint tenants’ interests into tenancies in common,...

LLC managing member question

Your question is headed, “LLC managing member question.” I do not know whether you are the managing member or the managing member died–which would...

Should I be negotiating prior to option renewal expiration so that I can exercise the option if I don't get what I want?

Usually the exercise of a commercial lease option locks in the existing terms of the lease, except that the rent is typically adjusted by some...

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Can someone be liable for a breach of contract claim if they caused such breach without being party to the contract?

California law provides specific causes of action against third parties for Inducing Breach of Contract, Intentional Interference With Contractual...

What kind of attorney do I need for a situation about co-owned house purchased during marriage jointly & now tenants in common?

The short answer to your question is that you need a real estate attorney. While California statutory and case law provides some broad guidance on...