Fire Extinguishers Reduce Risk & Liability by Jim Maxey

Fire Extinguishers are the first line of defense for your property against fire. They are most effectively utilized when they are readily available in sufficient numbers and have adequate extinguishing capacity.  Most building fires occur around laundry rooms, elevator/electrical rooms, parking areas, and kitchens.  If a fire occurs, remember to evacuate the building, sound the fire…

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Should You Own Rental Property? By-Terry Moore

Rental ownership is face-to-face capitalism. It’s hands-on. When you own shares in a large corporation, you don’t get a say in how that company is run. When you own rental property, you make decisions that affect your income stream and the value of your asset. Good landlords increase their property’s value. The best landlords learn how…

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Legal Q & A By-Dennis Block

Question One: I own a condominium in Long Beach, California. It is currently leased on a month-to-month rental agreement. My daughter is getting married and asked if she could move in after the wedding. Based on her request, I served a 60-day notice to terminate one of my tenants. My tenant informed me that they…

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Did You Know By-Dennis Block

Under the newly created Tenant Relief Act (AB 3088): A tenant cannot be evicted for nonpayment of rent that became due between March 1, 2020 and August 31, 2020 if the tenant returns a declaration of COVID-19-related financial distress to the landlord. A tenant cannot be evicted for nonpayment of rent that became due between September 1, 2020 and January…

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