In one of the nation's oldest cities, commercial property owners are upset about certain administrative decisions they believe have given an unfair competitive advantage to the owners of a particular building. California business owners currently facing similar real estate disputes may want to follow this case. It involves a building that was erected in 1921, the owners of which have been granted more than 70 parking credits for their future business clients.
Perhaps you're one of many California residents who are gearing up for their first ever home purchase. On the other hand, you may already own several commercial or private properties throughout the state. Either way, you no doubt understand that various challenges may arise before you seal a particular deal. It's no secret that real estate disputes can lead to serious economic loss; the sooner you resolve such problems, the better.
Many California homeowners enjoy making improvements on their property. If a neighbor or neighbors objects to a proposed improvement plan, perhaps claiming a new fence or line of trees would encroach over property lines or a shared road easement, etc., things can quickly escalate into bitter real estate disputes. When that happens, it may takes weeks or months to resolve the issues at hand.
For many California residents and commercial property owners, the year ahead includes a long to-do list that includes the task of selling a home or commercial building. Such ventures are typically not without their challenges. However, when sellers are familiar with state codes and regulations and are able to negotiate fair deals with prospective buyers, chances for successful outcomes are high. The story may be quite different though if real estate disputes arise.
Does a California grocery store have a right to close its doors and cease doing business in a community if it so chooses? The answer may not be as cut and dry as one might think. Ongoing real estate disputes in one town are centered on the topic, and all involved are waiting on edge to see how the judge will rule.
A leader of San Francisco Bay Area Renters' Federation (SFBARF) recently commented on a heated debate that has made its way through the court system several times before finally being resolved. The spokeswoman said although the real estate disputes were unfortunate, it was worth it in the long-run because justice was served. In question during the lengthy process was whether a small business homebuilder should be able to build three new homes on a particular California street.
As home values continue to increase in the Sacramento area, more people are turning to renovating their homes to cash in on the values that an updated kitchen or bathroom may bring on resale. While renovations may seem quick and easy thanks to the plethora of home renovation shows, a number of pitfalls await a naïve homeowner.
The essence of fiduciary duty is that one or more parties is obligated to fulfill a particular duty to another party or parties. The duty is said to be the highest standard of care. If the duty is breached, the party responsible may be held legally accountable for the actions if personal injury has been suffered in the process. In fact, the court ruled as such following recent real estate disputes in a location outside California.
You are a homeowner. How would you feel if your home in suburbia were settled next to a big industrial building? Say you are the owner of a large factory. How would you feel about having to keep the noise level down so your neighbors could sleep?
This post continues a real estate conversation we began in a prior post on our blog. This is the common time of year when people get the itch to either buy or sell property. Therefore, it is timely to discuss real estate law matters that might impact your life.