If you're thinking about developing a property in California, you need a great deal of legal guidance. Unlike many other states that have looser regulations, California operates much like its own country in many ways, with an entirely separate set of standards and regulations that every developer must abide by.
Commercial tenants in California face many specific difficulties that can strain the landlord/tenant relationship or even lead to lawful eviction. One of the most common points of contention between landlords and commercial tenants in California is subletting. If you currently lease a commercial property in California, then it behooves you to read your lease agreement very carefully before you attempt to sublet your space -- failing to do so could land you in hot water, legally speaking.
If you've spent any time at all in California, it should come as no surprise that real estate development can be exceptionally difficult here. The Golden State often prides itself in maintaining more strict regulations and many more legal hoops to jump through for any project than many other states. Just such a difficulty recently expressed itself when the California Supreme Court raised questions about a coastal development, claiming that the project had produced an unsatisfactory environmental impact report.
Dealing with a lease dispute can take time and energy away from running your business while you sort out the conflict. The main reason for disputes is a misunderstanding of your lease's terms in the first place. While it is true that your landlord may try to take money from you via the lease's terms, it is also your responsibility to fully understand the terms before signing. Here are some key points of a lease agreement to check:
When it comes to commercial real estate, the complexity of many of the transactions can lead to some exceptionally intricate deals. Often, in the course of a commercial venture, the lines can blur between where one side of the deal begins and where the other side ends, especially when there are multiple parties involved in the transaction. Needless to say, this creates a potential for many serious conflicts of interest.